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Established Supermarket & Freehold Premises - Prime Dee Why Location
Internal Ref: 273
Summary
Asking Price: $488,000. Rare Long-Term Share-Based Leasehold Opportunity. Business Highlights. Prime Location: Situated in a high-traffic area of Sydney CBD, attracting more than 120,000 visitors per
Location Details
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About the Business
Asking Price: $488,000
Rare Long-Term Share-Based Leasehold Opportunity
Business Highlights
- Prime Location: Situated in a high-traffic area of Sydney CBD, attracting more than 120,000 visitors per week and approximately 6.2 million visitors annually.
- Large-Scale Operation: Comprises eight prime market stalls and includes cool rooms and a dedicated loading area, making it one of the larger fruit and vegetable businesses within the market.
- Secure Long-Term Tenure: Benefits from a rare share-based long-term leasehold arrangement, eliminating the uncertainty of frequent lease renewal negotiations and providing greater operational security.
- Strong Financial Performance: Generates an average weekly turnover of approximately $57,000 and a net profit exceeding $5,700, offering strong cash flow and immediate income from day one.
- Largely Under Management: A mature and reliable team of eight staff manages daily sales, stock replenishment and customer service. The owner is not required to remain on-site and is primarily responsible for weekly purchasing and overall management.
- Easy to Operate: Once purchased, stock is delivered directly to the stalls by a driver, so the owner does not need to handle transportation personally. This makes the business ideal for investors or buyers wishing to operate another business at the same time.
- Growth Potential: The business currently focuses primarily on retail sales, with further opportunities to expand into wholesale supply, hospitality accounts and delivery services.
This is a rare investment opportunity offering stable turnover and cash flow, secure long-term operating rights and excellent potential for future growth. Located in a prime Sydney CBD precinct and supported by an established team, the business provides a solid retail foundation and is ideal for a buyer seeking an easy-to-manage operation with long-term potential.
For further information or to arrange an inspection, please contact the business broker.
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