Local Fruit & Vegetable Store – Priced to SELL, No Comp

Price: $90,000 Location: Eastern Suburbs, NSW Ref: 5191843
Agent:
Jun Chung
Agent Phone:
Office Phone:
ENQUIRE NOW
More Information
Enquire Now
More Information
Business Headline :
Local Fruit & Vegetable Store – Priced to SELL, No Comp
Price :
$90,000
Category :
Food/Hospitality, Fruit/Veg, Supermarket, Retailer
Full Description :

This is a fruit and vegetable shop in a local community. Located on the main road along with other major shops.

No competition nearby.

Currently operating in small scale but there is plenty of room for improvement for experienced operators.

Key Features:

  • This fruit and vegetable shop has been established for approx. 30 years.
  • Well known as the one and only vegetable shop in the area.
  • Located on the busy main road with plenty of foot traffic.
  • Regular customers from the local community.
  • Plenty of storage space at the rear, parking for 4-5 cars at the rear entrance.

Rent includes 2 levels.

Currently, the owner rents out 2 bedrooms upstairs for $630 per week.

Low Rent @ $870 inc. GST per week. Pay only $140 per week after sub renting upstairs.

Currently selling fruit, vegetables and some groceries. Potential for flowers if the buyer is good with flower wrapping and presentation.

Simple business with low wages, low overhead and low rent = PROFIT

Owner is moving interstate – needs to sell quickly. All offers will be considered.

Suits buyers with experiences or first-time buyer as it is a simple and easy operation business.

 

To receive further information please complete the below registration: http://www.abbagroup.com.au/?p=5191843#enquire-now

To receive further information please complete the below registration: https://www.abbagroup.com.au?p=5191843#enquire-now

Annual Rent : $41,080 - Weekly Rent : $790

Annual Turnover : $448,760 - Weekly Turnover : $8,630

Annual Gross Profit : $266,760 - Weekly Gross Profit : $5,130

Annual Ebit : $157,248 - Weekly Ebit : $3,024

Premise : Leased

Lease Commencement : Feb 2019

Lease End : Feb 2022

Total Floor Area : 150 Square Metres

Total No of Parking : 4

Franchise : No

Approximate Stock Value : $9,000

Year Purchased : 2015

Year Established : 1990

Days Trading : 7

Staff : - 1 Casual

Staff Salaries : $26,000

Reason for Sale : Moving Interstate

Location : Rosebery

Business Potential : Promote Flower and Grocery Sales. Local Deliveries

Parking Comments : 4 cars - Rear Entry

Enquire Now

To enquire about this listing, please fill in the form below.