Visit this listing at https://www.sbx.com.au/business?id=SF1568

Business Code: SF1568

Key Features: Convenience Store - Northern Beaches - Sales $29,500 p.w. Nett $4,690 p.w.

State: NSW

Suburb: Manly, 2095

Location: Busy area on street corner surrounded by retail and residential units in the Northern Beaches

Description

Convenience store selling all types of groceries, confectionery, ice cream, phone cards, cold drinks, magazines, some fruit and vegetables, greeting cards, household paraphernalia, frozen foods and dairy products, gifts, toys. - A small supermarket style business - CCTV - Air conditioned

Summary

  • Features: Very well presented shop - Lots of tourists in Summer- Below Holiday apartment block
  • Potential: Expand product range - Sublease front of the shop (STA) or add coffee or flowers -
  • Premises: Large shop below apartment holiday building with very visible glass frontage and large storage space with a total area of 175 m2
  • Trading Hours: 7 days - Sun. - Thurs. - 6 a.m. - 12 a.m. - Fri. & Sat. - 6 a.m. - 3 a.m.
  • Lease: Current lease expires July, 2021 + 3 + 3 year options - 5% increases - 3 month bond
  • Employees: 2 owners + 1 fulltimer + 1-2 casuals
  • Comments: Misc.- 1 - Other general expenses. - Misc 2 - Rates and management fee payable on lease p.w. and M- Seasonal shop close to the beach where sales can reach up to $40,000 p.w. in summer - Sales shown are a weekly average. -

Weekly Summary

Weekly Takings (inc GST)

$29,500

Cost of Goods

$18,000

Gross Profit

$11,500

Rent

$2,805

Wages

$2,800

Outgoings

$317

Telephone

$25

Insurance

$30

Electricity

$256

Misc1

$394

Misc2

$183

Total Expenses

$6,810

Estimated Stock (Additional)

$80,000

Net Profit

$4,690

Price

$258,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Convenience Store - Tobacconist - Retail - Small Supermarket

Business Code: SF1568
Price: $258,000

Key Features: Convenience Store - Northern Beaches - Sales $29,500 p.w. Nett $4,690 p.w.

State: NSW

Suburb: Manly, 2095

Location: Busy area on street corner surrounded by retail and residential units in the Northern Beaches

Description

Convenience store selling all types of groceries, confectionery, ice cream, phone cards, cold drinks, magazines, some fruit and vegetables, greeting cards, household paraphernalia, frozen foods and dairy products, gifts, toys. - A small supermarket style business - CCTV - Air conditioned

Summary

  • Features: Very well presented shop - Lots of tourists in Summer- Below Holiday apartment block
  • Potential: Expand product range - Sublease front of the shop (STA) or add coffee or flowers -
  • Premises: Large shop below apartment holiday building with very visible glass frontage and large storage space with a total area of 175 m2
  • Trading Hours: 7 days - Sun. - Thurs. - 6 a.m. - 12 a.m. - Fri. & Sat. - 6 a.m. - 3 a.m.
  • Lease: Current lease expires July, 2021 + 3 + 3 year options - 5% increases - 3 month bond
  • Employees: 2 owners + 1 fulltimer + 1-2 casuals
  • Comments: Misc.- 1 - Other general expenses. - Misc 2 - Rates and management fee payable on lease p.w. and M- Seasonal shop close to the beach where sales can reach up to $40,000 p.w. in summer - Sales shown are a weekly average. -

Weekly Summary

Weekly Takings
(inc GST)

$29,500

Cost of Goods

$18,000

Gross Profit

$11,500

Rent (ex GST)

$2,805

Wages

$2,800

Outgoings

$317

Telephone

$25

Insurance

$30

Electricity

$256

Misc1

$394

Misc2

$183

Total Expenses

$6,810

Estimated Stock (Additional)

$80,000

Net Profit

$4,690

Price

$258,000

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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.