Internal Ref: SM1507
Summary
SBX Code: SM1507 - Also sells gourmet groceries, fresh meat, deli, poultry and has a cafe takeaway - Sales$140,000 p.w. - May suit permanent visa - 6 days only - Long lease.
Rent
$3,840 pw
Net Profit
$18,815 pw
Location Details
Situated in a very busy location in South Coast area.
Potential
Grow the business with opening on Sunday. Add every day groceries or turn into a food supermarket chain. Great potential for an owner operator or family. Set up own website. Do online orders. home delivery and / or develop wholesale business.
Hours
6 days. - Monday to Saturday 800 am to 530 pm. Sunday closed.
Lease
10 years lease expires March 2031 + 5 years option.- 3% annual increase. - 1 month Bank Guarantee.
Employees
4 full time Managers + 42 casuals.
About the Business
Fruit Market- Supermarket- Under Management - South Coast
SBX Code: SM1507
Fruit Market 6 days business selling fresh fruit and vegetables. Also a great selection of gourmet groceries, fresh meat, deli, poultry and a cafe take away. The business % of break down sales departments consists of fruit and vegetables 32%, deli 17%, meat and poultry 17%, groceries with frozen food 17% and cafe / takeaway 17%. The store contains one of the best delis in the region centred on freshly cut cold meats, cheeses, olives, seafood and a great section of frozen products. A spectacular fit out has just been completed in the recent year for more than $1 million dollars. Store is well known by the locals who have supported the business for 20 years. One of the biggest names on the South Coast. Excellent business working 6 days as owner has a family day off on Sunday (ability to open 7 if desired). The business has long lease and very low rent. Huge potential to convert into an everyday food supermarket.Potentially trading Sunday could add another $20,000 to $30,000 per week .The cafe can be subleased out to a third party
Features
Long lease. Nothing to spend. Well established business. - Excellent location and lease terms. Lots of population growth nearby. Close to train station. Same original owner 21 years.Can sublease cafe
Premises
Brand new state of the art with top quality equipment fit out with an area of approx. 700m2.
Comments
Misc.-1 - Packaging and Transport fees. - Misc.- 2 - waste and pest control. 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 to inspect.
SBX Code: SM1507
SBX Business Brokers
Connect with us