Visit this listing at https://www.sbx.com.au/business?id=SF1648

Business Code: SF1648

Key Features: Convenience Store - Tobacconist - Residence attached - Inner West

State: NSW

Suburb: Arncliffe, 2205

Location: Brilliant corner position on a busy main road near schools and in between 2 train stations in the Inner West of Sydney

Description

Convenience store and fruit and Vegetable store with residence attached - Selling a wide range of products including groceries, fruit & vegetables, confectionery, dairy products, cigarettes, soft drinks, gifts and everyday requirements such as bakery products etc. at very competitive pricing. -Excellent shelving with wide spacing gives products maximum display and accessibility. - Stock is extra to the selling price and is $70k or SAV and stock can be negotiated if buyer wants less stock - CCTV - security alarm.- Solar System in place - Back yard storage space

Summary

  • Features: Residence attached - Location - Location - Well established - Solar System in place - Very low rent - Lots of local and regular customers - Long lease - Easy to run - Loads of potential
  • Potential: Suit any kind of retail eg cafe, gym (STA) or keep as a convenience - Add coffee and pastries - Can also expand into hot food and add more products. - Add lottery (STA)- The vendor used to do more fruit and veg and go to the market and there is good potential to reintroduce this - Add (STA)
  • Premises: Large tidy and organised corner shop with residence and with storage area, office. Retail shop has a 5 bedroom unit with a separate entrance at the back and also an entrance attached to the shop with a back yard and total area of 596 m2 inc. the 5 bedroom unit.
  • Trading Hours: 7 days - Mon. - Sat - 7 a.m. - 8 p.m and Sun. 8 a.m .- 12 noon
  • Lease: Current lease expires July, 2025 + 5 year option - 3% Increases - 3 month bond
  • Employees: 2 owners
  • Comments:

Weekly Summary

Weekly Takings (inc GST)

$17,500

Cost of Goods

$12,000

Gross Profit

$5,500

Rent

$590

Outgoings

$147

Telephone

$17

Insurance

$70

Electricity

$160

Misc1

$723

Misc2

$70

Total Expenses

$1,777

Estimated Stock (Additional)

$50,000

Net Profit

$3,723

Price

$98,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Convenience Store - Tobacconist - Residence Attached - Fruit and Vegetable

Business Code: SF1648
Price: $98,000
+ Estimated SAV $50,000

Key Features: Convenience Store - Tobacconist - Residence attached - Inner West

State: NSW

Suburb: Arncliffe, 2205

Location: Brilliant corner position on a busy main road near schools and in between 2 train stations in the Inner West of Sydney

Parking: Two large parking spaces and easy street parking .

Description

Convenience store and fruit and Vegetable store with residence attached - Selling a wide range of products including groceries, fruit & vegetables, confectionery, dairy products, cigarettes, soft drinks, gifts and everyday requirements such as bakery products etc. at very competitive pricing. -Excellent shelving with wide spacing gives products maximum display and accessibility. - Stock is extra to the selling price and is $70k or SAV and stock can be negotiated if buyer wants less stock - CCTV - security alarm.- Solar System in place - Back yard storage space

Summary

  • Features: Residence attached - Location - Location - Well established - Solar System in place - Very low rent - Lots of local and regular customers - Long lease - Easy to run - Loads of potential
  • Potential: Suit any kind of retail eg cafe, gym (STA) or keep as a convenience - Add coffee and pastries - Can also expand into hot food and add more products. - Add lottery (STA)- The vendor used to do more fruit and veg and go to the market and there is good potential to reintroduce this - Add (STA)
  • Premises: Large tidy and organised corner shop with residence and with storage area, office. Retail shop has a 5 bedroom unit with a separate entrance at the back and also an entrance attached to the shop with a back yard and total area of 596 m2 inc. the 5 bedroom unit.
  • Trading Hours: 7 days - Mon. - Sat - 7 a.m. - 8 p.m and Sun. 8 a.m .- 12 noon
  • Lease: Current lease expires July, 2025 + 5 year option - 3% Increases - 3 month bond
  • Employees: 2 owners
  • Sale Reason: Retirement and Health Issues
  • Comments: Misc.- 1 - other general expenses and GST. - Misc 2 - Solar System under finance weekly payment - All fridges are owned except ice cream and dairy fridges. -Vendor lives in the 5 bedroom unit valued at over $500 p.w. -Total rent including the unit is $1090 ex gst p.w. so rent shown is $590 for the shop and $500 for the five bedroom unit not included in the figures.
    Price dropped from $168K for a quick sale - Loads of potential and residence attached!!

Disclaimer: The images shown are stock photos and are for illustrative purposes only and do not represent the actual business for sale. Please note that the business information provided may be affected by COVID-19. Please speak to your broker for more information.

Weekly Summary

Figures include GST unless stated otherwise

Weekly Takings

$17,500

Cost of Goods

$12,000

Gross Profit

$5,500

Rent (ex GST)

$590

Outgoings

$147

Telephone

$17

Insurance

$70

Electricity

$160

Misc1

$723

Misc2

$70

Total Expenses

$1,777

Estimated Stock (Additional)

$50,000

Net Profit

$3,723

Price

$98,000
+ Estimated SAV $50,000

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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.