Business Code:
Other business interests.Three partners 2 work onsite and 1 works offsite
Sale Reason
2002
Established
Plenty of good off street parking
Parking
One off site owner (orders stock) and two full-time floor owner /Managers + 1 admin staff to oversee daily floor and ordering duties together with 10 other full time and casual staff. Manager/owners wages are included in the weekly profit only.
Employees
7 days, 7 am to 7 pm.
Trading Hours
.A brand new 5 year lease with a further 5 year option is available at the new reduced rent of $5500 p.w plus gst to a suitable purchaser.
Lease
Fresh fruit and vegetable market. This iconic store of over 20 years not only sells fruit and vegetables by the truck load but complements its business with a great selection of groceries, freshly cut and packaged meat, cheeses, olives and other gourmet deli lines. Customers also line up each day to purchase their very popular freshly squeezed orange and mandarin juice. Retail sales average $80,000 p.w and wholesale averages $7,000 pw. included in weekly sales. Sales for the week prior to Xmas 2022 (6 days) were $152,500. Extremely consistent great google reviews – No vehicles are included with the sale of the business – purchaser to takeover lease on forklift. Stock $150,000 extra to the selling price, can be reduced if wanted. Arguably the best fruit and vegetable market on the south coast. Wages shown do not include the three owners wages.Stock
Features
Totally refurbished only 5 months ago. The existing owner has spent in total approx. $400k replacing all the refrigerated cabinets and compressors throughout the store, moved to energy efficient lighting, installed roof top solar panels, installed new slip proof commercial grade flooring, and installed the most user friendly and advanced POS system currently available from the registers right through to the back end office computers.
Potential
To increase the wholesale side of the business which currently has not been canvassed by existing owner as well developing an online platform to provide customers the flexability from shopping from home.
Comments
This fruit market provides the ultimate package to any prospective buyer. Located in a well to do beachside suburb with a secure and long 11 year lease you would be hard pressed finding anything similar. Under no cirumstances are interested buyers to approach the staff including the Managers of the business. Please do the right thing and contact your SBX broker for further information.
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