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)

$14,653

Cost of Goods

$6,420

Gross Profit

$8,233

Rent

$1,060

Wages

$2,250

Telephone

$25

Insurance

$35

Electricity

$321

Misc1

$118

Misc2

$388

Total Expenses

$4,197

Estimated Stock (Additional)

$50,000

Net Profit

$4,036

Price

$280,000

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: $280,000
+ 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

$14,653

Cost of Goods

$6,420

Gross Profit

$8,233

Rent (ex GST)

$1,060

Wages

$2,250

Telephone

$25

Insurance

$35

Electricity

$321

Misc1

$118

Misc2

$388

Total Expenses

$4,197

Estimated Stock (Additional)

$50,000

Net Profit

$4,036

Price

$280,000
+ Estimated Stock (SAV) $50,000

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All business and financial information provided is supplied by the vendor. SBX Business Brokers does not verify, adjust or interpret financial data. Buyers must rely on their own enquiries and independent professional advice. SBX Business Brokers accepts no liability for decisions made based on vendor-supplied information.