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Fruit Market - Deli - Under Management - Fruit Market - Deli - Under Management - Netting $10,340 P.W. S West Sydney For Sale

Sydney, New South Wales, Australia
Asking Price:
$499,000 (AUD)
Sales Revenue:
$2,215,200 (AUD)
Cash Flow:
$537,680 (AUD)

Fruit market, fully air conditioned, located on very large block on a stand-alone basis and operating very successfully servicing strong local community. Business model is based on offering premium quality produce and a wide range of goods including fruit and vegetables, groceries, dairy products, eggs, and bread. A popular deli with prep area at rear provides fresh displays of meats and cheese. Also available are house made meals, salads, pizzas, yogurts and fresh fruit juices made by Zumo juice machine. A food truck , owned by vendor and included in sale, providing drinks and snacks, is leased out and a seafood van positions twice weekly, both providing extra income. A DA is in place with approval for all amenities. Strong emphasis on minimising power expenses with installation of 80 x 500w solar panels. Excellent refrigeration availability with 3 x walk-in cool rooms and extensive display refrigeration. New shelving and display racks have been installed with pleasing display of produce.

Potential
Increase wholesale sales. Continue social media targeting. Increase exposure to nursery and garden supplies.

Features
Excellent position. Very strong local support. Great long lease with attractive rent. Newly renovated premises. Great equipment inventory. Strong social media presence. Strong emphasis on renewable energy with large solar panel installation. Premium quality produce. Family friendly environment with play area and petting zoo.

Premises
Attractive large building of 1100 sq mts, recently extensively refurbished, fully insulated with coolroom panels, office and presenting an expansive covered verandah for dining.

Location
Prime corner location with main road frontage in thriving outer South West Sydney area with huge residential developments current and forecast.

Trading Hours
7 days, Monday to Sunday 8.00 am to 6.00 pm.

Lease
5 year lease commenced October 2019 and expires October,2024. with renewable Deed of Agreement for a further 5 years. Landlord will continue to offer further extensions via Deed of Agreement. Yearly Increase 3%. 3 months bond.

Employees
1 Manager (Produce) - 1 Manager (Groceries) + 4 full timers + 4 casuals + 3 juniors

Comments

Property Information

Location:

Prime corner location with main road frontage in thriving outer South West Sydney area with huge residential developments current and forecast.

Business Operation

Expansion Potential:

Increase wholesale sales. Continue social media targeting. Increase exposure to nursery and garden supplies.

Trading hours:

7 days, Monday to Sunday 8.00 am to 6.00 pm.

Employees:
1 Manager (Produce) - 1 Manager (Groceries) + 4 full timers + 4 casuals + 3 juniors
Years established:
1982