Visit this listing at https://www.sbx.com.au/business?id=MF1013

Business Code: MF1013

Key Features: Good location - Profitable

State: NSW

Location: Situated on a main street in a high density residential area in a very busy local community

Description

Convenience store selling a large amount of cigarettes, newspapers, magazines, stationery, phone cards, opal cards etc. as well as a large assortment of drinks, groceries, confectionery, ice cream and also offering printing and internet.

Summary

  • Features: Good location with a lots of new developments - High residential area - Low rent - Easy to run - High profit margins
  • Potential: Could add juice, coffee or milk tea - Would suit full time owner or couple - Lots of new developments in this growing residential area - High potential to do own local delivery
  • Premises: Well presented shop which includes a storage room and a bathroom and a total area of 80 sq. mts.
  • Trading Hours: 7 days - Mon. - Sun. - 6:00 a.m.-12:30 a.m.
  • Lease: Current lease until Jan 2020 - 3% increases per year - 6 months bond - New 3 + 3 year lease available
  • Employees: 1 owner ( 2 days a week) + 4 - 5 part timers
  • Comments: Bitcoin machine (approx. $120 commission p.w.) - Sub lease to flower business (only front area of the shop ) $300 rent fee p.w. + Atm machine $30 p.w.. - These fees are all included in the turnover shown - A must to inspect but please be discreet.

Weekly Summary

Weekly Takings (inc GST)

$25,000

Cost of Goods

$14,500

Gross Profit

$10,500

Rent

$1,369

Wages

$2,000

Outgoings

$80

Telephone

$30

Insurance

$26

Electricity

$350

Total Expenses

$3,855

Estimated Stock (Additional)

$60,000

Net Profit

$6,645

Price

$298,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Convenience Store - Retail

Business Code: MF1013
Price: $298,000

Key Features: Good location - Profitable

State: NSW

Location: Situated on a main street in a high density residential area in a very busy local community

Description

Convenience store selling a large amount of cigarettes, newspapers, magazines, stationery, phone cards, opal cards etc. as well as a large assortment of drinks, groceries, confectionery, ice cream and also offering printing and internet.

Summary

  • Features: Good location with a lots of new developments - High residential area - Low rent - Easy to run - High profit margins
  • Potential: Could add juice, coffee or milk tea - Would suit full time owner or couple - Lots of new developments in this growing residential area - High potential to do own local delivery
  • Premises: Well presented shop which includes a storage room and a bathroom and a total area of 80 sq. mts.
  • Trading Hours: 7 days - Mon. - Sun. - 6:00 a.m.-12:30 a.m.
  • Lease: Current lease until Jan 2020 - 3% increases per year - 6 months bond - New 3 + 3 year lease available
  • Employees: 1 owner ( 2 days a week) + 4 - 5 part timers
  • Comments: Bitcoin machine (approx. $120 commission p.w.) - Sub lease to flower business (only front area of the shop ) $300 rent fee p.w. + Atm machine $30 p.w.. - These fees are all included in the turnover shown - A must to inspect but please be discreet.

Weekly Summary

Weekly Takings
(inc GST)

$25,000

Cost of Goods

$14,500

Gross Profit

$10,500

Rent (ex GST)

$1,369

Wages

$2,000

Outgoings

$80

Telephone

$30

Insurance

$26

Electricity

$350

Total Expenses

$3,855

Estimated Stock (Additional)

$60,000

Net Profit

$6,645

Price

$298,000

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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.