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Fruit Market- Supermarket- Under Management - Fresh Fruit & Vege Market - Suit Permanent Visa Net $18k P.W. Sth Coast Area For Sale

Sydney, New South Wales, Australia
Asking Price:
$1,950,000 (AUD)
Sales Revenue:
$7,280,000 (AUD)
Cash Flow:
$978,380 (AUD)

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

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.

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

Premises
Brand new state of the art with top quality equipment fit out with an area of approx. 700m2.

Location
Situated in a very busy location in South Coast area.

Trading Hours
6 days. - Monday to Saturday 800 am to 530 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.

Comments

Property Information

Location:

Situated in a very busy location in South Coast area.

Business Operation

Expansion 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.

Trading hours:

6 days. - Monday to Saturday 800 am to 530 pm. Sunday closed.

Employees:
4 full time Managers + 42 casuals.
Years established:
2003