Description

Fruit Market 6 days business selling fresh fruit and vegetables. Also a great selection of gourmet groceries, fresh meat, deli, poultry and a cafe take away. The business % of break down sales departments consists of fruit and vegetables 32%, deli 17%, meat and poultry 17%, groceries with frozen food 17% and cafe / takeaway 17%. The store contains one of the best delis in the region centred on freshly cut cold meats, cheeses, olives, seafood and a great section of frozen products. A spectacular fit out has just been completed in the recent year for more than $1 million dollars. Store is well known by the locals who have supported the business for 20 years. One of the biggest names on the South Coast. Excellent business working 6 days as owner has a family day off on Sunday (ability to open 7 if desired). The business has long lease and very low rent. Huge potential to convert into an everyday food supermarket.Potentially trading Sunday could add another $20,000 to $30,000 per week .The cafe can be subleased out to a third party

Potential

Grow the business with opening on Sunday. Add every day groceries or turn into a food supermarket chain. Great potential for an owner operator or family. Set up own website. Do online orders. home delivery and / or develop wholesale business.

Features

Long lease. Nothing to spend. Well established business. - Excellent location and lease terms. Lots of population growth nearby. Close to train station. Same original owner 21 years.Can sublease cafe

Premises

Brand new state of the art with top quality equipment fit out with an area of approx. 700m2.

Location

Situated in a very busy location in South Coast area.

Trading Hours

6 days. - Monday to Saturday: 8:00 am to 5:30 pm. Sunday closed.

Lease

10 years lease expires March 2031 + 5 years option.- 3% annual increase. - 1 month Bank Guarantee.

Employees

4 full time Managers + 42 casuals.

Comments

Misc.-1 - Packaging and Transport fees. - Misc.- 2 - waste and pest control. 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 to inspect.

SBX ID

SM1507