Under Management – Fruit Market – Supermarket

For Sale

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Lower North Shore

Business Code: SM1511

$1,800,000.00
Key Features: Long lease. Nothing to spend. Huge cool room. Large shop. Well established business. - Excellent location and lease. - Lots of population growth nearby.
State: NSW
Suburb: Chatswood
Location: Situated in best location in very busy shopping centre in lower North Shore.
Premises: Brand new state of art fit out business with top quality equipment with a total area of approx.705 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 10:00 pm.

Trading Hours

10 years lease commenced August 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: fruit & vegetables 70% and groceries 30%. – 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. This business can sell any groceries as Asian products.

Features

Long lease. Nothing to spend. Huge cool room. Large shop. Well established business. - Excellent location and lease. - Lots of population growth nearby.

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.

Weekly Summary

Figures include GST unless stated otherwise

Weekly Takings
$200000
Cost of Goods
$140000
Gross Profit
$60000
Rent
$15734
Wages
$24000
Telephone
$50
Insurance
$150
Electricity
$2500
Misc 1
$2000
Misc 2
$1000
Total Expenses
$44245
Net Profit
$14566
Price
$1,800,000.00

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