Business ID: BS141861
Very Profitable Business in Bathurst NSW. Totally Run Under Management Large Fruit and Veg plus more Business For Sale
Profits 18/19 showing to the Owner after Addbacks $428k+ Under Management. Sale Price Only $420,000 + SAV
Important to note, this business has continued to maintain a strong sales growth over the last 3 months, very little effect from COVID-19 pandemic, current figures support this.
This is a spacious and extremely well-presented fruit and vegetable store currently operating as a supermarket/greengrocer providing a wide range of fresh fruit and vegetables, seafood, small goods and gourmet products, wholesale as well as retail. The location is well positioned in a very popular large Country town with great visibility. This shop has been established for over 90 years with great regular clientele base. Average turnover of around $269,000 per month, with great margins. Selling to on average 65% wholesale and 35% retail before Covid-19.
Very large selection of groceries and dairy products, but still ample opportunity to expand.
-Ideal family business
-Well established well over 90 years
-Regular customer base
-No direct competition
-Stable income
-Excellent fit out
-New long lease with good rent
-Premises details - Well-presented spacious shop in good condition. Large storage area with a loading dock, cool rooms, 1 office, and staff restroom
-Location - Situated in a large country town in Central West NSW
-Trading Hours - 5 1/2 days - 8 a.m.- 6:30 p.m. Sat 2:30 pm
-1 manager + 14 staff
Training will be provided, the current owner will enter into a non-competing agreement.
Trading only 5 and a half days makes it one of the best businesses for a couple or even an investor. Not many fruit businesses left like this one. The business has been established for many years and has generated good profits. The shop is well presented and located with good space and layout and provides ample car parking spaces for easy access and parking.
This business will last long, given the profits over the sale price. Enquire now, you wont be disappointed.
Sale price of $420,000 includes equipment, fixtures and fittings and goodwill. Stock on hand is not included in the above price and is estimated to be approximately $150k
