Visit this listing at https://www.sbx.com.au/business?id=GN1375

Business Code: GN1375

Key Features: Convenient store Lower Nth Shore - Residence attached - Nets $2,700 pw.

State: NSW

Location: Ideally situated in the heart of a village on the lower North Shore.

Description

Branded convenience store under management - selling range of drinks, confectionery, cigarettes, groceries, toiletries and some pharmaceuticals.

Summary

  • Features: Prime position with heavy foot traffic.- Under management - One bedroom residence included in rent.
  • Potential: To add opal cards - bus cards - ATM - takeaway coffee - delivery service.- would suit 2 owners and save on wages
  • Premises: Approximately 30m2 with separate store room.
  • Trading Hours: 7 days - 7 am to 10 pm.
  • Lease: 5 year lease commenced 01/07/2021 plus 5 year option. $13,000 bank guarante CPI annual increase.
  • Employees: One Manager - 3 casuals.
  • Sale Reason: Other business interests
  • Comments: The business is currently fully managed, and the manager is paid $1,312 per week. If the new owner chooses to run it themselves, they could save this amount in wages. There's also a self-contained one-bedroom unit above the shop with a separate entrance. It is currently rented out for $500 per week, which effectively reduces the business's weekly rent to $813.

Disclaimer: The images shown are stock photos and are for illustrative purposes only and do not represent the actual business for sale.

Weekly Summary

Weekly Takings (inc GST)

$11,825

Cost of Goods

$4,912

Gross Profit

$6,913

Rent

$1,313

Wages

$2,563

Telephone

$20

Insurance

$25

Electricity

$174

Misc1

$118

Total Expenses

$4,213

Estimated Stock (Additional)

$50,000

Net Profit

$2,700

Price

$425,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Convenience Store- Under Management-Cigarettes

Business Code: GN1375
Price: $425,000
+ Estimated Stock (SAV) $50,000

Key Features: Convenient store Lower Nth Shore - Residence attached - Nets $2,700 pw.

State: NSW

Location: Ideally situated in the heart of a village on the lower North Shore.

Business Overview

Branded convenience store under management - selling range of drinks, confectionery, cigarettes, groceries, toiletries and some pharmaceuticals.

Summary

  • Key Features: Prime position with heavy foot traffic.- Under management - One bedroom residence included in rent.
  • Potential: To add opal cards - bus cards - ATM - takeaway coffee - delivery service.- would suit 2 owners and save on wages
  • Premises: Approximately 30m2 with separate store room.
  • Trading Hours: 7 days - 7 am to 10 pm.
  • Lease: 5 year lease commenced 01/07/2021 plus 5 year option. $13,000 bank guarante CPI annual increase.
  • Employees: One Manager - 3 casuals.
  • Sale Reason: Other business interests
  • Comments: The business is currently fully managed, and the manager is paid $1,312 per week. If the new owner chooses to run it themselves, they could save this amount in wages. There's also a self-contained one-bedroom unit above the shop with a separate entrance. It is currently rented out for $500 per week, which effectively reduces the business's weekly rent to $813.

Disclaimer: The images shown are stock photos and are for illustrative purposes only and do not represent the actual business for sale.

Weekly Summary

Figures include GST unless stated otherwise

Weekly Takings

$11,825

Cost of Goods

$4,912

Gross Profit

$6,913

Rent (ex GST)

$1,313

Wages

$2,563

Telephone

$20

Insurance

$25

Electricity

$174

Misc1

$118

Total Expenses

$4,213

Estimated Stock (Additional)

$50,000

Net Profit

$2,700

Price

$425,000
+ Estimated Stock (SAV) $50,000

 Print

Enquire about this listing



The information contained on each individual business for sale has been gathered from the vendor or landlord and/or professional service providers and is believed to be accurate and current as at the date of publication. SBX Business Brokers provides no warranties of any nature are given, intended or implied and prospective purchasers must rely on their own enquiries and should verify the accuracy of information before proceeding.