For Sale $280,000
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 $280,000

Business Details

Delicatessen - Retail - North West

\nDelicatessen - Retail - North West - Agent SBX Code Number: GA1031

Retail gourmet delicatessen selling a huge range of quality smallgoods, local and imported cheeses, a wide range of meats sliced to order, gourmet sausages, antipasto, dips, panini and preservative free house made pasta made in-store daily. - This is a beautiful store packed with a huge range of specialty and imported products. - Quality commercial equipment worth over $200k - walk in freezer and storage cage.

Potential
Huge market for pre-prepared meals with over 650 residential apartments above the shopping centre. - Potential to open longer hours like the supermarket. - can run under management with current staff if desired.

Features
Prime location - Stunning fit-out. - 2015 Local Business awards finalist. - Long lease with no renovation clause. - Immaculate bookwork.

Premises
This business has an area of 55 sq.mts. with huge refrigerated displays, floor to ceiling shelving and prep room.

Location
Prime location next to major supermarket in rapidly growing major North Western suburb shopping centre.

Trading Hours
7 days - Shopping centre hours.

Lease
7 year lease commenced Jan, 2015 - 5% increases p.a. - Bond is 3 month bank guarantee.

Employees
1 full time owner + 1 full timer + 9 casuals (mostly juniors)

Comments
Founded in 2010, the store was originally in another part of the shopping centre and relocated to its current prime position at the beginning of 2015. - Sales dropped earlier this year when a large part of the floor was closed down to make way for a number of major new retailers that are moving in mid 2016. - Wages are based on 1 owner working full time (5 days only).- Insurance includes workers comp.- Miscell. - 1 is bank fees and charges. - Miscell. - 2 is random purchases from neighbouring shops and supermarket.

Figures
Weekly Sales $15714
Rent (ex GST) $1685
Wages $2887
Profit $1821

Agent SBX Code Number: GA1031 - SBX Business Brokers

Summary »

  • Business Category: Food/Hospitality
  • Business Sub Category: Deli
  • Expenses: $5397
  • Business Selling Price: $280000
  • Trading Hours: 7 days - Shopping centre hours.
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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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