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Fruit Market - Supermarket - Under Management - Fruit And Supermarket- Fully Under Management -Nets $15500 P.W.-South West Syd. For Sale

Sydney, New South Wales, Australia
Asking Price:
$1,590,000 (AUD)
Sales Revenue:
$10,400,000 (AUD)
Cash Flow:
$806,000 (AUD)

Large fruit and vegetable supermarket selling around 70% of fresh fruit and vegetables and 30% of groceries and daily food products. Huge storage area with 3 large cool rooms. Busy all the time. . The business is fully under management and the vendor is not working in the business.

Potential
Could increase products line. More social media advertising. A motived owner operator could save huge wages and make predicted profit $1 million a year. Ideal for family business or partnership.

Features
Well established for many years. Large local customer base. Very high turnover more than $10 million per year on current business records. Excellent profit under management. Long lease. Low rent only 5.3% of weekly sales. Huge growing potential for owner operator.

Premises
Well presented two level business with an area of approx.1000 m2 which includes 500 m2 retail space and 500 m2 of storage, cool rooms, prepare working area, office and loading dock.

Location
High visible main road location with large parking spaces in Sydney South West suburb.

Trading Hours
7 days, 8 am to 6 pm. Thursday & Friday 8 am to 7 pm.

Lease
15 year lease (5 + 5 + 5) commenced 15th June 2020. - 3% annual increases. 3 months bond.

Employees
Fully under Management - One Manager plus 15-20 staff.

Comments

Property Information

Location:

High visible main road location with large parking spaces in Sydney South West suburb.

Business Operation

Expansion Potential:

Could increase products line. More social media advertising. A motived owner operator could save huge wages and make predicted profit $1 million a year. Ideal for family business or partnership.

Trading hours:

7 days, 8 am to 6 pm. Thursday & Friday 8 am to 7 pm.

Employees:
Fully under Management - One Manager plus 15-20 staff.

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