Lower North Shore
NSW
$2,000,000
Fruit Market- Supermarket- Under ManagementPrice: $1,950,000Net Profit: $18,815 |
Visit this listing at https://www.sbx.com.au/business?id=SM1507 |
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Business Code: SM1507 Key Features: Fresh fruit & vege market - Suit permanent visa Net $18k p.w. Sth Coast Area State: NSW Location: Situated in a very busy location in South Coast area. DescriptionFruit Market 6 days business selling fresh fruit and vegetables. Also a great selection of gourmet groceries, fresh meat, deli, poultry and a cafe take away. The business % of break down sales departments consists of fruit and vegetables 32%, deli 17%, meat and poultry 17%, groceries with frozen food 17% and cafe / takeaway 17%. The store contains one of the best delis in the region centred on freshly cut cold meats, cheeses, olives, seafood and a great section of frozen products. A spectacular fit out has just been completed in the recent year for more than $1 million dollars. Store is well known by the locals who have supported the business for 20 years. One of the biggest names on the South Coast. Excellent business working 6 days as owner has a family day off on Sunday (ability to open 7 if desired). The business has long lease and very low rent. Huge potential to convert into an everyday food supermarket.Potentially trading Sunday could add another $20,000 to $30,000 per week .The cafe can be subleased out to a third party Summary
Disclaimer: The images shown are stock photos and are for illustrative purposes only and do not represent the actual business for sale. 
Weekly SummaryWeekly Takings (inc GST)$140,000Cost of Goods$86,000Gross Profit$54,000Rent$3,840Wages$25,000Outgoings$165Telephone$50Insurance$600Electricity$830Gas$700Misc1$3,080Misc2$920Total Expenses$35,185Estimated Stock (Additional)$350,000Equipment (Included)$920,000Net Profit$18,815Price$1,950,000 |
Contact SBXNSW (02) 9439 4403 QLD / VIC 1300 366 655 Email sales@sbx.com.au |
Fruit Market- Supermarket- Under Management
Business Code: SM1507Price: $1,950,000
+ Estimated Stock (SAV) $350,000
Key Features: Fresh fruit & vege market - Suit permanent visa Net $18k p.w. Sth Coast Area
State: NSW
Location: Situated in a very busy location in South Coast area.
Description
Fruit Market 6 days business selling fresh fruit and vegetables. Also a great selection of gourmet groceries, fresh meat, deli, poultry and a cafe take away. The business % of break down sales departments consists of fruit and vegetables 32%, deli 17%, meat and poultry 17%, groceries with frozen food 17% and cafe / takeaway 17%. The store contains one of the best delis in the region centred on freshly cut cold meats, cheeses, olives, seafood and a great section of frozen products. A spectacular fit out has just been completed in the recent year for more than $1 million dollars. Store is well known by the locals who have supported the business for 20 years. One of the biggest names on the South Coast. Excellent business working 6 days as owner has a family day off on Sunday (ability to open 7 if desired). The business has long lease and very low rent. Huge potential to convert into an everyday food supermarket.Potentially trading Sunday could add another $20,000 to $30,000 per week .The cafe can be subleased out to a third party
Summary
- Features: Long lease. Nothing to spend. Well established business. - Excellent location and lease terms. Lots of population growth nearby. Close to train station. Same original owner 21 years.Can sublease cafe
- Potential: Grow the business with opening on Sunday. Add every day groceries or turn into a food supermarket chain. Great potential for an owner operator or family. Set up own website. Do online orders. home delivery and / or develop wholesale business.
- Premises: Brand new state of the art with top quality equipment fit out with an area of approx. 700m2.
- Trading Hours: 6 days. - Monday to Saturday: 8:00 am to 5:30 pm. Sunday closed.
- Lease: 10 years lease expires March 2031 + 5 years option.- 3% annual increase. - 1 month Bank Guarantee.
- Employees: 4 full time Managers + 42 casuals.
- Sale Reason: Retirement after same business over 20 years.
- Comments: Misc.-1 - Packaging and Transport fees. - Misc.- 2 - waste and pest control. Vendor will provide full training for the purchaser. All figures will be shown to the purchaser at meetings. - Book for an inspection with your broker. A must to inspect.
Disclaimer: The images shown are stock photos and are for illustrative purposes only and do not represent the actual business for sale.
Weekly Summary
Figures exclude GST
Weekly Takings
$140,000
Cost of Goods
$86,000
Gross Profit
$54,000
Rent
$3,840
Wages
$25,000
Outgoings
$165
Telephone
$50
Insurance
$600
Electricity
$830
Gas
$700
Misc1
$3,080
Misc2
$920
Total Expenses
$35,185
Estimated Stock (Additional)
$350,000
Equipment (Included)
$920,000
Net Profit
$18,815
Price
$1,950,000
+ Estimated Stock (SAV) $350,000
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The information contained on each individual business for sale has been gathered from the vendor or landlord and/or professional service providers and is believed to be accurate and current as at the date of publication. SBX Business Brokers provides no warranties of any nature are given, intended or implied and prospective purchasers must rely on their own enquiries and should verify the accuracy of information before proceeding.