Balmain, New South Wales 2041
FLOWERS FRUIT & MORE | MAS
For Sale | $199,000
Established over 50 years ago, this profitable business benefits from being centrally located along a busy commercial strip surrounded by excellent anchor stores which help attract a significant cross-section of the shopping public to area.
The owner is reluctantly selling the business in order to relocate overseas. Over the years, the business has forged strong ties to the community and developed a loyal base of customers. This is evidenced by a solid financial performance with a recorded revenue of $16,000 [winter],
$21,000 [summer] and a Net Profit of $3,000 per week. This sale comes with a 2 bedroom situated upstairs currently rented for $300 per week.
The business preforms well year round, particularly on weekends, although it peaks during major holidays as below:
Mother's day week: $40.000 | Christmas week: $30.000 | Valentine week: $30,000 | Easter week: $25,000.
The owner has identified several ways to increase revenue including by expanding on product variety, offering delivery and by renovating the premises.
Prospective purchasers are encouraged to carefully consider this opportunity which is already positioned for further great success.
THE PURCHASER TO MAKE HIS/HER OWN INVESTIGATIONS AND ENQUIRIES IN RELATION TO THE BUSINESS AND NOT TO RELY UPON WARRANTY OR STATEMENT MADE BY THE VENDOR OR BY ANYONE ON HIS/HER BEHALF
Marco Gentili MAS0009