Goulburn’s leading fresh produce outlet and cafe

Business Details

Many have tried to compete with Farmer Feld’s Fresh Produce – and failed. This award winning business has a tried and tested model and is ready for a new owner to take over the reins! Farmer Feld’s Fresh Produce has demonstrated incredible growth in the past 7 years, expanding from a small fruit and veg store in 2010 to the large fresh produce business and café it is now!

This modern fresh produce outlet and café has built its leading local reputation with none other than quality fresh produce, excellent coffee and fantastic customer service.

Located in the centre of Goulburn, with front and rear access including backing onto a large Car park, the business has a great street presence with outdoor café dining available and modern signage. The business attracts repeat customers from across the Goulburn Mulwaree council area, a city and region with a population of around 29,550. In addition to this, the business attracts a large volume of visitors travelling between Sydney and Canberra. Farmer Feld’s is located in a convenient spot close to Sydney road which provides significant traffic flows coming from Sydney.

For 335 SQM, including a walk in cool room, the current owners are only expected to pay $7,284.84 + GST per month and water usage. That’s amazing value at $21.75 + GST per square meter per month. Annual rent only represents a mere 4.38% of turnover! Relations with the landlord are excellent and an extension is offered on the lease.

The business has demonstrated strong financial performance generating sales in excess of $2 million annually since 2014 with PEBITDA of $208,304 in FY 2016, $192,974 in FY 2015 and $241,778 in 2014.

With a long lease and extension option available, this makes it a stable home for the business and relations with the landlord are excellent!

Owner involvement is currently 62.5 hours per week (combined for 2 owners) and the store has excellent staff management capabilities. The café is self managed by the head barista and head food preparation staff member and minimal owner involvement is required.

We are now seeking expressions of interest on this business.  

To express your interest and receive our full Business Information Package (BIP), please email - sales@capitalcommercial.com.au - with your full name, contact number and stating that you would like to receive further information about this business. We will then email you the deed of confidentiality, which once completed will enable us to email you the BIP and supporting documents.

Thank you on behalf of the team at Capital Commercial Business Sales.

Financial Snapshot

Reporting Period 2017 (annualised) Weekly Average 2016 Weekly Average 2015 Weekly Average
Sales $2,424,968.00 $46,634.00 $2,118,628.00$40,742.85 $2,350,305.00 $45,198.17
Gross Profit $775,638.00 $14,916.12 $620,200.00$11,926.92 $673,086.00 $12,943.96
PEBITDA Being prepared $0.00 $208,304.00$4,005.85 $192,974.00 $3,711.04
Rent $94,392.00 $1,815.23 $92,851.00$1,785.60 $84,583.00 $1,626.60
Wages and salary $534,082.00 $10,270.81 $280,267.00$5,389.75 $325,189.00 $6,253.63

Business Summary

Goulburn, New South Wales
Retail - Fruit and Veg.
  • The premises is leased.
  • Premises: 277 Auburn Street, Goulburn Lot A DP 331882
  • lease commencement date: 01/05/2013
  • lease termination date: 01/05/2020
  • Options: an additional term of seven (7) years.
  • Base Rent: $80,000 + GST
  • Monthly rate payable: $7,284.84 + GST
  • Annual increases: 3% Fixed increase per annum on anniversary of Lease commencement date
  • Rent Review Dates: Market review at exercise of option
  • Bank guarantee: Subject to discussion with landlord
  • Outgoings: Water usage
  • Public Liability Insurance: $20 million
  • SQM: 335 SQM
The business employs: • One Grocery Manager • One Fruit and Veg Foreman • One Customer Service Rep • One Store Casual • One Café Manager • Two Café Assistants • One Part Time Barista
68:00 hours
Owner operated

Enquire Now

Sales Summary

Sale Status : Under Offer

Sale Method : Private Treaty

Investment Amount : $279,000 + SAV

Stock at Value : $80,000.00

Finance Options :

Frank Walmsley

1300 793 690

0400 446 605