Under Management - Fruit Market - Supermarket - SM1511

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$1,800,000

Description

Fruit market selling fresh fruit and vegetables, variety of groceries, frozen food, flowers etc. - Sales: fruit & vegetables 70% and groceries 30%. - Large size cool rooms, storage plus preparation area. It has a spectacular fit-out and is very well known to the locals. The business is currently run under management. The rent includes all outgoings. This business can sell any groceries as Asian products.

Potential

Growing business with exceptional plus sales of meat and poultry opportunity. Great potential for an owner operator. Set up own website and do online orders and home delivery which has strong demand. Develop the wholesale business.

Features

Long lease. Nothing to spend. Huge cool room. Large shop. Well established business. - Excellent location and lease. - Lots of population growth nearby.

Premises

Brand new state of art fit out business with top quality equipment with a total area of approx.705 m2

Location

Situated in best location in very busy shopping centre in lower North Shore.

Trading Hours

7 days - 8:00 am to 10:00 pm.

Lease

10 years lease commenced August 2023. 2.5% annual increases. 3 months Bank guarantee.

Employees

3 Managers + 10 casuals.

Comments

Misc. -1.- Transport fees. - Misc.-2- Bank fees and all others charges. 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 inspect. Long lease. Unlimited potential. It is busy every day.

SBX ID

SM1511

Figures
  • Takings: $200000/week (GST)
  • Cost of Goods: $140000
  • Gross Profit: $60000
  • Rent: $15734
  • Wages: $24000
  • Telephone: $50
  • Insurance: $150
  • Electricity: $2500
  • Misc 1: $2000
  • Misc2: $1000
  • Total Expenses: $44245
  • Nett Profit: $14566
  • All other values ex GST
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