Fruit & Veg Grocery - North Sydney, NSW

Fruit & Veg Grocery - North Sydney, NSW — Retail · North Sydney · Asking $450,000 · Revenue $3,325,868 · Earnings $264,264

Family-owned fruit and vegetable grocery on Sydney's North Shore, trading over 50 years Fresh produce hand-picked daily, plus continental groceries, dairy, meat and pre-made meal packs Currently owner-operated, open 6 days a week with scope to add Sunday trading New 5+5 year lease in place, with rent representing a low share of turnover Staffed by 4 full-time, 1 part-time and 6 casual employees…

DealProspect/Listings/Retail

Fruit & Veg Grocery - North Sydney, NSW

Greengrocer

ActiveRetailNew South WalesB2C

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Asking price

~$550,000

est. from headline + $100,000 stock · AUD

Revenue

$3,325,868

TTM

Earnings

$264,264

Implied multiple (assumed)

~2.1×

Assumed · headline + $100,000 stock

Brief

Family-owned fruit and vegetable grocery on Sydney's North Shore, trading over 50 years
Fresh produce hand-picked daily, plus continental groceries, dairy, meat and pre-made meal packs
Currently owner-operated, open 6 days a week with scope to add Sunday trading
New 5+5 year lease in place, with rent representing a low share of turnover
Staffed by 4 full-time, 1 part-time and 6 casual employees
Potential to join a buying group (subject to landlord approval) or expand into online delivery
Owners retiring after 50 years in the business