Internal Ref: G1805
Summary
SBX Code: G1805 - Continental Delicatessen & Grocery Store located in a prime position trading for over 20 years. Recent new fit out cost $500K. Sales $37k p.w. & Nets $5k p.w..
Rent
$2,845 pw
Net Profit
$5,000 pw
Location Details
Situated in a prime location in a very busy shopping centre next to a major supermarket and fruit market in South West Sydney.
Potential
Could add a gourmet selection of pre-made sandwiches or baguettes and also coffee to the current offering.
Hours
7 days - Monday to Saturday 900 am to 530 pm & Sunday 1000 am to 400 pm.
Lease
5 year lease commenced September 2022 - 3 month bond. - 5% annual increases.
Employees
1 owner + 6 casual staff
About the Business
Continental Delicatessen - European Groceries - South West Sydney
SBX Code: G1805
Continental Delicatessen & European Grocery Store located in a prime position of the food precinct in a very busy Western suburbs shopping centre. This Deli is a highly regarded food and hospitality establishment that has been operating since 2004 serving the local community offering a wonderful display & selection of smallgoods, meats, cheeses, olives & a huge selection of other gourmet deli lines.
Features
Well established delicatessen for over 20 years. - Beautifully fitted out with all the necessary equipment. - Unique offerings. - No direct competition. - Profitable business. - Prime location. - Solid reputation & loyal customer base
Premises
This Deli has an area of approx. 103 sq mts and has had a full new fit-out in 2022 which cost approx. $500,000. Includes a kitchen, prep area, coolrooms & storage room.
Comments
The owner works in the business full-time, overseeing the admin side of the business, monitoring performance, making necessary adjustments, and overseeing operations including hiring and firing staff and maintaining inventory levels. This Deli has demonstrated consistent financial performance, reflecting its strong market position and operational efficiency. Please note that Misc.- 1- is made up of all other expenses & any GST payable.
SBX Code: G1805
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