Listing status: Inactive
Reason: --
Fruit Market - Retail - Fruit market-Busy location in West area-Easy run-Net $4140 p.w. - M2110
Fruit Market - Retail - Fruit market-Busy location in West area-Easy run-Net $4140 p.w. - M2110
Industry :
Food/HospitalitySub Industry :
Fruit/VegAbout the business
Fruit Market - Retail - Western Suburbs - Agent SBX Code Number: M2110
Retail fruit market selling fresh fruit and vegetables only. - The turnover was $1,830,645 in year 2020. - It is a simple operation and good cash flow business and does not sell groceries - low stock.
Potential
Could add groceries. - Could do wholesale business to surrounding restaurants. - Suit family business. - A full time owner working in the business could save on wages and make more profit.
Features
Busy location. - Well established. - Regular customers. - Low rent. - Good cash flow. - Easy operation. - Well priced.
Premises
This shop has a total area of approx. 150 m2 includes one office plus one large outside cool room.
Location
Prime location in shopping plaza in Western Sydney close to train station.
Trading Hours
7 days - 830 a.m.- 630 p.m.
Lease
Vendor now pays rent monthly until new lease available - The shopping plaza tenants will move to a new shopping plaza location in estimated 3 years (about 200 mts. away on the same street).- The landlord offered temporary month to month lease for shop tenants until the new shopping plaza finishes construction.
Employees
One owner ( buy goods at market, not working in the shop ) + 2 - 3 staff
Comments
The rent includes outgoings - . Misc.- 1- Refers to rubbish and bank fee. - The old shopping plaza will be demolished after a new plaza is set up. - All shop tenants will be able to negotiate a new lease at the new premise with the same landlord if desired. - A great buy opportunity and a great potential to grow the business.
Figures
Weekly Sales $32000
Rent (ex GST) $1323
Wages $3700
Profit $4140
Agent SBX Code Number: M2110 - SBX Business Brokers
SBX Business Brokers is one of the largest business brokers in Australia servicing Sydney, Melbourne, Brisbane and the Gold Coast. With over 30 years of experience, you can be assured that SBX will provide you with a premium service.
Headed by Colin Bennie and an extensive team of multi-lingual brokers, SBX will match the right business with the right buyer. Our team will personally take on each business and market it individually, as well as handle all of the details of meetings and inspections. SBX will assist you in understanding all of the legal requirements, rental bonds, insurance and other requirements that may relate to selling or purchasing a business in Australia.
SBX sells all manner of businesses from small owner-operator businesses to franchises and multi-million dollar businesses.
To find out more about how SBX Business Brokers can assist you, simply register online or contact the office.
View other listings by this business
$198,000
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Buying a business is a big deal! It can open up a new chapter in your life, expand your growing business base or fulfill that dream you’ve always had. Before you make that offer, there are a few things you should consider to determine whether this business is right for you or not.
These include:
Ensure the seller is 100% verified by us!- Can you afford the business? Do you need financing to assist with the purchase?
- Have you done enough research? Complete some industry analysis, research competitors, verify revenue figures and so on!
- Ask the seller some questions - why are they selling, will they be providing customer/supplier databases, what assets other than the physical business will be including (marketing materials etc), are their tax records and financial statements up to date and verified - this is your chance to pick the seller’s brain!
- Make sure it’s the right business for you!
From there, you can make an informed choice - and if you do need some assistance, the Eden Ecosystem is here to help.
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