Busy Ipswich Fruit Market - 5871

This profitable, fruit and vegetable market is in a high traffic shopping centre. The shop has excellent exposure to retail customer traffic.

* Hands on retiring manager/buyer in place, showing consistently strong weekly sales and strong margins and profits (available to stay on if for 12 months if required).

* Large walk-in cold room and well positioned preparation and storeroom.

* With a sales team of casual staff and the retiring Manager / Buyer, we can accommodate experienced operators or work with debutants to introduce them to the industry.

* The roster is well organised to accommodate split shifts.

* The Manager/Buyer has offered to continue on contract to assist in a seamless transition and to assist with the buying and management in the medium term (if required).

* Alternatively, there are third party buyers available, who could buy the produce for the purchaser from the Rocklea Produce Market.

* We have organised for a new lease to be available to the purchaser on the following terms and conditions:-

    285 Square metres (Area)
    Lease term - initial five (5) year term with one five year (5) year option.
       Market review at completion of initial term
    Rent review structure of 4% increases per annum on the base rental
    Base net rental - $70,000 per annum plus GST
    Outgoings payable of circa $92 sqm plus GST (as per current arrangement)
    Bank guarantee equivalent to three (3) months rent and outgoings plus GST.

* This excellently presented fruit market has a reputation of supplying the best fruit & vegetables around Ipswich.

* Open 7 days a week, only closed Public Holidays.

Asking Price: $ 100,000 including enough stock to commence trade on a Monday morning.

Please note that we use stock photos to protect the owners' confidentiality. The images shown do not necessarily represent the business for sale.

To find out more information about this business for sale, please complete the confidentiality agreement quoting reference: 5871

Additional confidential financial records will disclosed on site once you confirm your interest.

Broker Peter McPhee | xxxxx | xxxxx and xxxxx