$425,000 PROFITABLE FRUIT SHOP FOR SALE NET PROFIT $6K+

For Sale: $425,000






Business Overview


This incredibly rare fruit and vegetable shop have been trading for over 50 years. It is positioned in one of Sydney's most affluent suburb and is the closest positioned fruit and vegetable shop for over 15000 locals.


The business has a rich history in the community and is recognised as a family orientated business serving the locals with a smile.


The business has immense potential to increase revenue through deliveries, which has just implemented in the last month very successfully, and they are now up to 3-4 deliveries per day and growing.


The business specialises in premium quality fruit, vegetables, and flowers all fresh from the markets.


Since the COVID-19 crisis, the fruit shop has increased substantially in sales, and they have just had a record week at $69,000 in revenue, and of course proportionate profit.


Our client is aware that the business should be valued based on its consistent performance without taking into account COVID-19.


The average weekly performance of the business pre COVID-19 is detailed below.



Features


Lease of 4+5 with rent at 7.3%

Includes 3bedroom unit for sublease or business owner occupancy

3 market runs per week, with heavy-duty truck included

Simple to run - requires 3 full-time staff

Huge potential to grow the business through deliveries

Specialises in premium produce and service with a smile








Weekly Financial Summary


Revenue: $28,000

Cost of Goods: $15,500

Gross Profit: $12,500

Rent: $2,063

Outgoings: $325

Expenses: $796

_______________________________________________


EBITDA: $6,366



Buying a business is easy with Vision





"We understand that as every business is different, so is every buyer. Ask your broker about the information that the Vendor will make available as part of due diligence, so you know what to expect at the beginning of the process."


Dan Levitus

(e)  dan@vbaaustralia.com.au

(m) 0450 326 146

(t)   (02) 8923 2632


The Purchaser is responsible for conducting their own investigations in relation to this business and VBA does not warrant the accuracy of any information contained on this business

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CONTACT VISION

(02) 8923 2632

info@vbaaustralia.com.au

Level 32/ 101 Miller Street
North Sydney, NSW 2060

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