For Sale $695,000
SBX Business Brokers

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SBX Business Brokers
1/564 Pacific Highway,
St Leonards, NSW 2065

Food/Hospitality for sale

NSW

For Sale $695,000

Business Details

Retail - Fruit Market - Groceries - Western Suburbs

\nRetail - Fruit Market - Groceries - Western Suburbs - Agent SBX Code Number: BM1029

Retail store selling fruit and vegetables and groceries (which accounts for $12,000 p.w. in takings), cold drinks, and some delicatessen items - Two coolrooms plus prep area.

Potential
Could do more wholesaling. - Could broaden groceries sales. - would suit two owner operators and reduce wages.

Features
No competition.. - Well established for 20 years. - Attractive quality fit out.

Premises
This business has an area of 206 sq.mts. + 94 sq. mts.

Location
Prime position at main entrance of a major local shopping centre

Trading Hours
7 days - 730 a.m. - 700 p.m. - Thurs. - 9 p.m.

Lease
8 years lease from April 2015 - C.P.I. increases 4% per annum

Employees
1 owner + 2 fulltimers + 6 casuals

Comments
A great business enjoying a very steady $3 million turnover per year. - Equipment includes 4.5Tonne Mitsubishi (EMV $30K) + forklift, gas (EMV $4K) - Miscell.1. - $340 per week is running costs of truck and forklift. - Sale without truck would be $30,000 less making the sale price $665,000.

Figures
Weekly Sales $62100
Rent (ex GST) $4531
Wages $6800
Profit $6144

Agent SBX Code Number: BM1029 - SBX Business Brokers

Summary »

  • Business Category: Food/Hospitality
  • Business Sub Category: Fruit/Veg
  • Expenses: $12256
  • Business Selling Price: $695000
  • Trading Hours: 7 days - 7:30 a.m. - 7:00 p.m. - Thurs. - 9 p.m.
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SBX Business Brokers
1/564 Pacific Highway,
St Leonards, NSW 2065

Phone: 02 9439 4403
Fax: 02 9439 5944

SBX Business Brokers
Phone: 02 9439 4403

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