$150,000 + SAV ($25,000 approx.)
The Adelaide Central Market is a state icon that dates back to 1869 and continues to showcase all its charm and character today. Housing over 70 traders, the market is South Australia’s go to destination for fresh produce and multicultural cuisines. With such a variety of produce on offer, the Adelaide Central Market is the dream location for anyone who has a passion for quality ingredients and customer interaction.
This business is a gourmet food stall which sources locally produced and specialty products. Established in November 1999 and purchased by the current owner in 2016, the business shows increasing sales year on year, with current turnover in excess of $500,000 per annum. This business continues to shine and has created a loyal following of customers. They are renowned for the quality selection of products they have on offer along with the knowledge and passion they radiate.
Trading only 5 days per week, the business operates with one full time working owner and 2 casual staff who work a combined 35 hours per week (excluding peak periods). With a prime location in the Adelaide Central Market, this is a vibrant, well-established business with a great reputation and is a perfect opportunity for a working owner or couple.
Melanie Winter 0408 085 932
|Goodwill including Plant & Equipment||$150,000|
|Stock at valuation (approx)||$25,000|
|Current Rent||$ 5,304.31 per month + GST|
|Lease Term||5 years|
|Lease Commencement||8th November 2019|
|Lease Expiration||7th November 2024|
|Right of Renewal||Nil|
|Outgoings||Paid by Tenant excl. water rates|
|Adjustments||4% per annum|