SOLD! Very profitable Fruit and Veg Store , Beautiful Coastal NSW Town

Established for over 40 years and owned by the same family for the last 20 years this well known and superbly located business is very profitable and is well-positioned for further revenue and profit growth.

Occupying a floor space of almost 1000 sqm the business sells the best fresh fruit and veg, small goods and gourmet products to both wholesale and retail customers.

• Average monthly t/o exceeds $625K/month
• 100+ wholesale customers (Aged Care, schools, cafes etc)
• Extremely well-presented premises
• Located in a vibrant retail centre with no competing stores
• Existing lease 4.5 years plus 5 year option
  
• New lease now allows the sale of fresh and frozen seafood.
• Main route location with ample on-site parking
• 150sqm mezzanine with offices, toilets, staff room etc
• 3 large and separate coolrooms
• Large prep area
• Long term experienced staff in place
• Significant assets including 3 refrigerated delivery vans
• Assets include 1 new refrigerated delivery vehicle and 1 new Forklift(Value $130k)

The owners will provide a handover of one month to familiarise the buyer with the operation of the business and provide an introduction to suppliers and buying agents. The current owner will make himself available after handover for advice etc.

This is an outstanding business that has been operating successfully for 40 years. It is not often that such quality businesses come on the market that generates this income without needing the full-time input of the owner(s). The business has a very strong cash flow and as a result, the business can be operated from acquisition with low cash reserves.

Asking Price: The goodwill and assets of the business are for sale for $1.85m+SAV(SAV around $100k)