Fruit & Vege - Semi Managed - $100k+ Profit | ABC Business

Fruit & Vege - Semi Managed - $100k+ Profit

$299,000 - Canterbury, Chinese Team (华语团队)

Industry: Fruit and Vege


Business has been sold

The past few months have shown how important food is to the economy, so why not own a local shop that sells fresh local produce.

This well-established business enjoys a prime high-profile site, with lots of passing traffic. It is opposite the Marae and Cowles Stadium and surrounded by a large residential area. There are no similar shops around and best of all the rent is very attractive, representing less than 3% of sales.

With $1.3M in annual sales, this business can be hands-on for working owners, or you can be more passive. Current net returns of over $100k semi-managed, make this a very viable investment with food not going out of fashion anytime soon.

Due to the vendor's health issues, they are currently not doing any wholesale or delivery and customer source is from retail clients only. There are primary and secondary schools and newly developed offices close by which could increase the sales. The new vendor could also add grocery products to the store. There are a number of opportunities to expand the business and add further value.

This is a fantastic investment or chance to be your own boss, an opportunity that ticks a lot of boxes. Come and add your own skills and ideas to this growing business and reap the rewards.

Please contact Eric - 021 105 6674 for more information.

Price $269,000 plus estimated stock value $30,000

For a confidential discussion please complete our online confidentiality agreement.
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Need business finance? Click here to contact the team at the Loanary

Location: Canterbury

Location: Chinese Team (华语团队)

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Our brokers

Eric Ge

021 105 6674

Eric Ge

021 105 6674

Contact Eric

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