Continental Delicatessen – European Groceries
Business Code: G1805
$345,000
Enquire now+ Estimated Stock (SAV) $50,000
Key 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
State: NSW
Suburb: Bankstown
Location: Situated in a prime location in a very busy shopping centre next to a major supermarket and fruit market in South West Sydney.
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.
Owner wants to retire
Sale Reason
2004
Established
Shopping centre parking
Parking
1 owner + 6 casual staff
Employees
7 days - Monday to Saturday: 9:00 am to 5:30 pm & Sunday: 10:00 am to 4:00 pm.
Trading Hours
5 year lease commenced September 2022 - 3 month bond. - 5% annual increases.
Lease
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.
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
Potential
Could add a gourmet selection of pre-made sandwiches or baguettes and also coffee to the current offering.
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.
