Recently Sold

Under Offer Fruit & Veg with Supermarket Takings Over $ 4.1 Mil P.A Excellent Exposure

Under Offer Fruit & Veg with Supermarket Takings Over $ 4.1 Mil P.A Excellent Exposure

Summary

Fruit and Veg Supermarket in the Inner West

with NO COMPETITION AT ALL !!!

Long Established Fruit and Veg & Supermarket High Turnover Per Week

Proven Profits

Excellent Lease and Not a Cent to Spend

Superb Investment Fruit / Veg / Supermarket.



Established in the Same Position for over Many Years !!!

Good Hours with No Deliveries at all , 7 Days from 7am to 7.30pm.

Excellent Street Exposure , Very busy suburb and surrounding suburbs.

Business is under the care of an Owner Operator and will fully train the incoming purchaser.

Rent on this 300sqm Space is $ 4032.53 PW Inc GST Inc Outgoings.

Lease is till the Year 2023 ( 5 + 5 ) Years Remaining with CPI Increases.

Bank Guarantee is 6 Months.

Large areas with Plenty of Storage and Large Cool room , including Office space and Plenty of Customer Parking.

Their is Huge Potential to start Deliveries as Current owner has not taken advantage of.

Staff Wages come in at $ 8,000.00 PW and the owner takes a Wage of $ 2000.00 Per Week.

Purchase of Cost of Goods come in at 46 % of its Turnover.

Any Trial is Welcomed and Current Owner willing to Train for a Smooth Transition.

Excellent Paperwork and Books on Demand for any Due Diligence to be done.

Make no Mistake this business is very solid and has a very attractive bottom line.

It is situated in a high density and affluent area , with plenty of disposable income on hand.

Listing ID: 2153

$689,000

Industry:

Retail

Location:

NSW

Status:

Sold

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Listing Enquiry


Listing Agent

Chris Minas

Business Broker | NSW and Regional
E:
chrisminas@networkinfinity.com.au
P:
0414 241 332

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