Fruit Market – Supermarket

For Sale

·
Inner West

Business Code: SM1495

$450,000.00
+ Estimated Stock (SAV) $250000
Key Features: Huge cool room. Large shop. Own loading dock at rear. Well established business. - Excellent location and lease. - Lots of population growth nearby.
State: NSW
Suburb: Sydenham
Location: Situated in easy access Inner West suburb in dense residential area.
Premises: This business has an area of approx. 550 sq.mts and is in good condition
Price not disclosed

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Taking a break after 19 years in the business.

Sale Reason

Many years

Established

10 car spaces in the lease.

Parking

1.5 owners plus 3 part timers and 4 casuals.

Employees

7 days, - Monday to Saturday: 7:00 am to 6:00 pm. Sunday: 8:00 am to 6:00 pm.

Trading Hours

5 + 5 + 5 year lease commenced September 2019. - CPI annual increase. - 1 month bond.

Lease

Retail fruit & vegetable supermarket supplying wide range of fresh fruit and vegetables, and large range of groceries also some Asian groceries. – Good counter, excellent shelving and display cabinets. – Fresh produce is delivered and handled through rear loading dock. Business selling fresh fruit & vegetable about 55% and groceries 45%. Low rent includes outgoings.

Features

Huge cool room. Large shop. Own loading dock at rear. Well established business. - Excellent location and lease. - Lots of population growth nearby.

Potential

Set up own website and do online order as strong demand. Develop the wholesale business.

Comments

Business retail sales $40,000/week plus $5,000/week wholesale. - Goes to market 4 times per week. Business sale includes one Isuzu 3 ton truck, one Toyota Van and one Toyota Gas Forklift. Misc.-1- $700 includes bank fees $200, transportation fee $200, car eexpenses $100, waste management $100, packaging fee $100.

Weekly Summary

Figures include GST unless stated otherwise

Weekly Takings
$45000
Cost of Goods
$31500
Gross Profit
$13500
Rent
$1900
Wages
$4500
Insurance
$100
Electricity
$800
Misc 1
$700
Total Expenses
$8000
Estimated Stock
(Additional)
$250000
Net Profit
$5500
Price
$450,000.00
+ Estimated Stock (SAV) $250000

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