Convenience Store - Retail - Fruit & Vegetables

Business Code: SF1145


Key Features: Established 30 years

State: NSW

Location: Situated on busy main road in a densely populated area close to train station.

Description

Convenience store selling groceries, fruit and vegetables, bread, drinks, ice cream, confectionery and cigarettes - Large cool room - Rear lane entrance.

Summary

  • Features: Well established - Easy to run - Close to a major hospital and university. - No competition. No outgoings.

  • Potential: A new nursing home and housing is being built in the area - Could do deliveries - Update premises - Introduce new products - Perfect for a couple or a family run business.

  • Premises: Busy shopping strip with adjacent parking and storage room and an area of 90 sq. mts.

  • Trading Hours: 7 days - Mon. - Sat. - 7:30 a.m. - 7:00 p.m.- Sun. - 8:00 a.m. - 6:00 p.m.

  • Lease: Current lease commenced May, 2016 - Expires May, 2019 + 3 year option - 5 % increases - 3 month bond

  • Employees: 2 owners + casuals as required.

  • Comments: This is a long established business and has lots of potential for a new owner to increase sales and profit. - The profit is shown for 2 owners. -Stock price can be negotiated as older stock can be sold or put as a special price by the current vendor before the new buyer takes over. - Owner is unwell and price is reduced for a quick sale.

Weekly Summary

Weekly Takings
(inc GST)

$8,200

Cost of Goods

$5,000

Gross Profit

$3,200

Rent

$470

Wages

$253

Telephone

$20

Insurance

$30

Electricity

$90

Misc1

$250

Total Expenses

$1,113

Estimated Stock (Additional)

$35,000

Net Profit

$2,087

Price

$18,000

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