Visit this listing at https://www.sbx.com.au/business?id=SF1572M

Business Code: SF1572M

Key Features: Convenience Store- City Fringe - Priced to sell - High Margins - Sales $13,100pw

State: NSW

Suburb: Darlinghurst, 2010

Location: Highly visible corner location on the main street in the Sydney City Fringe .

Description

Convenience store selling groceries, sweets, snacks, soft drinks, chemist products, cigarettes and around $750 of Opal cards per week. - ATM installed. - air-conditioned. - CCTV video cameras. - Summer season current average sales are $16,000 p.w. and winter season average sales $11,000 p.w. however this was higher when owner operated - Large cool room - Fully under management

Summary

  • Features: Well established for 35 years. - Good location. - High margins - Outgoings included in the rent
  • Potential: Suit a family business or partnership. - Potential for an owner operator or couple to greatly increase sales and profit . Add coffee and hot food (STA) Add money exchange (STA)
  • Premises: Well presented shop surrounded by other businesses and lots of residential and with an area of 93 m2.
  • Trading Hours: 7 days - 24 hours ( new owner could open less hours)
  • Lease: Current lease expires Nov. 2026 - 3% increases. - 3 months bond.
  • Employees: 1 Manager + 2 part timers + 1-2 casuals as required
  • Comments: Misc. - 1 - Other general expenses - The managers wage of $1000 p.w. has been shown in profit as for an owner operator - This business suits a hands on owner or couple to increase sales and profit - A must to inspect but please be discreet - Priced to sell.

Weekly Summary

Weekly Takings (inc GST)

$13,100

Cost of Goods

$7,500

Gross Profit

$5,600

Rent

$1,610

Wages

$1,800

Telephone

$20

Insurance

$40

Electricity

$200

Misc1

$350

Total Expenses

$4,020

Estimated Stock (Additional)

$40,000

Net Profit

$1,580

Price

$88,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Convenience Store - Tobacconist - Under Management

Business Code: SF1572M
Price: $88,000

Key Features: Convenience Store- City Fringe - Priced to sell - High Margins - Sales $13,100pw

State: NSW

Suburb: Darlinghurst, 2010

Location: Highly visible corner location on the main street in the Sydney City Fringe .

Description

Convenience store selling groceries, sweets, snacks, soft drinks, chemist products, cigarettes and around $750 of Opal cards per week. - ATM installed. - air-conditioned. - CCTV video cameras. - Summer season current average sales are $16,000 p.w. and winter season average sales $11,000 p.w. however this was higher when owner operated - Large cool room - Fully under management

Summary

  • Features: Well established for 35 years. - Good location. - High margins - Outgoings included in the rent
  • Potential: Suit a family business or partnership. - Potential for an owner operator or couple to greatly increase sales and profit . Add coffee and hot food (STA) Add money exchange (STA)
  • Premises: Well presented shop surrounded by other businesses and lots of residential and with an area of 93 m2.
  • Trading Hours: 7 days - 24 hours ( new owner could open less hours)
  • Lease: Current lease expires Nov. 2026 - 3% increases. - 3 months bond.
  • Employees: 1 Manager + 2 part timers + 1-2 casuals as required
  • Comments: Misc. - 1 - Other general expenses - The managers wage of $1000 p.w. has been shown in profit as for an owner operator - This business suits a hands on owner or couple to increase sales and profit - A must to inspect but please be discreet - Priced to sell.

Weekly Summary

Weekly Takings
(inc GST)

$13,100

Cost of Goods

$7,500

Gross Profit

$5,600

Rent (ex GST)

$1,610

Wages

$1,800

Telephone

$20

Insurance

$40

Electricity

$200

Misc1

$350

Total Expenses

$4,020

Estimated Stock (Additional)

$40,000

Net Profit

$1,580

Price

$88,000

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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.