Under Management – Fruit Market – Supermarket

For Sale

·
Inner West

Business Code: SM1510

$2,200,000.00
+ Estimated Stock (SAV) $340000
Key Features: Long lease. Nothing to spend. Huge cool room. Large shop. Well established business. - Excellent location and lease. - Lots of population growth nearby. Well known and loyal customers base for over 10 years.
State: NSW
Suburb: Burwood
Location: Situated in best location in very busy shopping centre in the Inner West.
Premises: Brand new state of art fit out business with top quality equipment with a total area of approx. 500 m2.
Price not disclosed

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Downsizing business.

Sale Reason

Many years.

Established

Shopping centre parking.

Parking

3 Managers + 10 casuals.

Employees

7 days - 8:00 am to 8:00 pm.

Trading Hours

10 years lease commenced November 2023. 2.5% annual increases. 3 months Bank guarantee.

Lease

Fruit market selling fresh fruit and vegetables, variety of groceries, frozen food, flowers etc. Sales of fruit & vegetables 80% and groceries 20%. – Large size cool rooms, storage plus preparation area. It has a spectacular fit-out and is very well known to the locals. The business is currently run under management. The rent includes all outgoings.

Features

Long lease. Nothing to spend. Huge cool room. Large shop. Well established business. - Excellent location and lease. - Lots of population growth nearby. Well known and loyal customers base for over 10 years.

Potential

Growing business with exceptional plus sales of meat and poultry opportunity. Great potential for an owner operator. Set up own website and do online orders and home delivery which has strong demand. Develop the wholesale business.

Comments

Misc. -1.- Transport fees. Misc.-2- Bank fees and all others charges. Vendor will provide full training for the purchaser. All figures will be shown to the purchaser at meetings. Book for an inspection with your broker. A must inspect. Long lease. Unlimited potential. It is busy every day. The figures shown are average for the year. Summer time is a lot higher..

Weekly Summary

Figures include GST unless stated otherwise

Weekly Takings
$200000
Cost of Goods
$138000
Gross Profit
$62000
Rent
$12727
Wages
$24000
Telephone
$50
Insurance
$150
Electricity
$1800
Misc 1
$2000
Misc 2
$1000
Total Expenses
$41727
Estimated Stock
(Additional)
$340000
Net Profit
$20273
Price
$2,200,000.00
+ Estimated Stock (SAV) $340000
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