Internal Ref: SM1523
Summary
SBX Code: SM1523 - Under management - Long lease - New state of the art fit out - Netting $6980 p.w. -Selling less than fit out cost.
Rent
$6,920 pw
Net Profit
$6,980 pw
Location Details
Situated in best location in very busy shopping centre in the South Sydney area.
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.
Hours
7 days - 700 am to 700 pm.
Lease
9.5 years lease commenced August 2025. - 4% annual increases. - 4 months Bank guarantee.
Employees
Manager plus 4 casuals.
About the Business
Retail - Fruit Market - Supermarket - Groceries - Under management - South Sydney
SBX Code: SM1523
Large fruit market selling fresh fruit and vegetables, variety of groceries, frozen food and some housewares etc. - Large size cool rooms, storage plus preparation area. It has a brand new spectacular fit-out and is very well known to the locals. The business is currently run under management. Selling price is below the fit out cost of $700K.
Features
Long lease. Nothing to spend. Huge cool room. Large shop. Well established business. - Excellent location and lease. - Lots of population growth nearby.
Premises
Brand new state of art fit out business with top quality equipment with a total area of approx. 650 m2.
Comments
Misc.-1. - All bills. Rent includes all outgoings. - 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. Although the business is currently run under management, the profit shown in this business profile is based on one working owner running the business.
SBX Code: SM1523
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