Continental Delicatessen - European Groceries - Continental Delicatessen & European Groceries - Nets $5,000 P.w. -s.w. Sydney.

Bankstown, New South Wales 2200

$345,000

Key Features

AI generated. Contact seller to confirm.

  • Prime location in busy shopping centre
  • Well established delicatessen
  • Beautifully fitted out with necessary equipment
  • Unique offerings with no direct competition
  • Profitable business with loyal customer base
  • Full new fit-out in 2022 costing approx. $500,000
  • Turnover: $5,000 per week
  • Net Profit: Not disclosed
  • Rent/Lease: 5 year lease commenced September 2022
  • Stock Value: Included
  • Established: over 20 years

Business Details

Business Category Butcher and Deli

Continental Delicatessen - European Groceries - South West Sydney - Agent SBX Code Number: G1805

Continental Delicatessen & European Grocery Store located in a prime position of the food precinct in a very busy Western suburbs shopping centre. This Deli is a highly regarded food and hospitality establishment that has been operating since 2004 but was recently fully refitted out with a complete new refit and new equipment offering a wonderful display & selection of smallgoods, meats, cheeses, olives & a huge selection of other gourmet deli lines.

Potential
Could add a gourmet selection of pre-made sandwiches or baguettes and also coffee to the current offering.

Features
Well established delicatessen for over 20 years. - Beautifully fitted out with all the necessary equipment. - Unique offerings. - No direct competition. - Profitable business. - Prime location. - Solid reputation & loyal customer base

Premises
This Deli has an area of approx. 103 sq mts and has had a full new fit-out in 2022 which cost approx. $500,000. Includes a kitchen, prep area, coolrooms & storage room.

Location
Situated in a prime location in a very busy shopping centre next to a major supermarket and fruit market in South West Sydney.

Trading Hours
7 days - Monday to Saturday 900 am to 530 pm & Sunday 1000 am to 400 pm.

Lease
5 year lease commenced September 2022 - 3 month bond. - 5% annual increases.

Employees
1 owner + 6 casual staff

Comments
The owner works in the business full-time, overseeing the admin side of the business, monitoring performance, making necessary adjustments, and overseeing operations including hiring and firing staff and maintaining inventory levels. This Deli has demonstrated consistent financial performance, reflecting its strong market position and operational efficiency. Please note that Misc.- 1- is made up of all other expenses & any GST payable. - A must to inspect.

Agent SBX Code Number: G1805 - Sydney Business Exchange

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Bsale ID: 666124

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