Summary
Seize the rare opportunity to own a cornerstone produce business in Sydney's iconic Paddy's Market. This high-volume enterprise spans 12 premium stalls with guaranteed perpetual lease rightsan irreplaceable asset in Australia's busiest fresh goods hub. Generating $60,000+ weekly revenue across a 5-day operation, the business thrives on direct-to-consumer retail sales, serving thousands of families, tourists, and culinary enthusiasts daily. Managed by a seasoned 8-person team, this turnkey operation offers immediate cash flow and untapped wholesale potential for visionary buyers.
Financial Snapshot
* Weekly Revenue: $60,000
* Weekly Rent: $18,100
* Weekly Net Profit: $4,000+
Location & Legacy
**Paddy's Market Pedigree**
* Tourist Epicenter: Haymarket's #1 destination with 120,000+ weekly visitors (Destination NSW 2023).
* Perpetual Lease Security: Indefinite tenure with no renewal negotiationssecure your stake in Sydney's culinary heart.
* Retail Dominance: 100% retail-focused revenue from walk-in customers, with latent potential to expand into wholesale partnerships.
Growth Opportunities
**Immediate Scalability**
* Wholesale Expansion: Leverage existing infrastructure to supply CBD restaurants, cafes, and hotels with daily fresh produce deliveries.
* Premium Subscription Services: Target corporate offices and Airbnb hosts with curated weekly veggie boxes.
* Night Market Activation: Capitalize on Paddy's Friday (night market) with extended trading hours for late-night shoppers.
**Untapped B2B Potential**
* Stable Bulk Contracts: Forge partnerships with local eateries (e.g., Chinatown restaurants, Surry Hills cafes) for recurring orders.
* Seasonal Specialty Lines: Introduce high-margin items like organic heirloom tomatoes or finger limes for gourmet buyers.
**Operational Excellence**
* Proven Retail Model: 8 trained staff manage stalls WedSun (10am6pm) with streamlined restocking and customer service.
* Supplier Advantage: Direct partnerships with NSW growers ensure 20% below-market pricing on bulk produce.
* Facility Assets: 12 stalls (80sqm total) with cold storage, loading docks, and back-of-house efficiency.
Strategic Outlook for New Owners
This business is primed for growth by bridging its retail dominance with Sydney's booming hospitality sector:
1. B2B Network Development: Partner with 200+ CBD restaurants within 2km radius for daily/weekly deliveries.
2. Catering Contracts: Supply fresh produce to event planners and luxury hotels (e.g., Darling Harbour conventions).
3. Tech Integration: Launch a dedicated ordering app for cafes to streamline bulk purchases and loyalty programs.
With Paddy's Market's 6.2M annual visitor footprint and your ability to unlock wholesale margins, this asset transforms from a retail powerhouse into a dual-channel empire.
Why Paddy's Market?
* Zero Customer Acquisition Cost: Prime stall positioning guarantees foot trafficno marketing spend needed.
* Supply Chain Control: Direct access to Sydney Markets (Flemington) ensures same-day freshness for premium pricing.
* Cultural Hub: 35% of sales from Asian-Australian and international buyers seeking specialty items (durian, bok choy).
This isn't just a stallit's a legacy. Own a slice of Sydney's culinary future where retail stability meets wholesale ambition, all underpinned by perpetual lease rights in an irreplaceable location.
For further information or to inspect the business, please email the broker for an NDA form or contact: Jeffrey Lei at 0405 888 800Disclaimer The information contained in this advertisement is provided by the vendor and is believed to be accurate, but prospective buyers should make their own inquiries and obtain professional advice before proceeding.
