Visit this listing at https://www.sbx.com.au/business?id=SF1665

Business Code: SF1665

Key Features: Convenience Store with residence - Tobacconist - Retail- Eastern Suburbs

State: NSW

Suburb: Randwick, 2031

Location: Main road street front location in a premium residential street and near 3 local schools, cafes , restaurants and busy trade shop and surrounded by residential in the Eastern Suburbs

Description

Convenience store with residence attached - Selling range of drinks, soda stream refills, confectionery, ice cream, cigarettes, fresh bread, dairy products, groceries, toiletries, batteries and some pharmaceuticals. - Also sells newspapers, greeting cards, magazines and key cutting services - Menulog portal installed - ATM - 4 CCTV security cameras - Stock is extra to the selling price and is $30k or SAV

Summary

  • Features: Three bedroom residence attached - Very low rent. - Loyal customers. - High margins. - Very little competition - Key cutting service - Easy to run -Menulog portal installed
  • Potential: Could add dry cleaning service or flowers - Add pies or other hot food - Expand range to sell more greeting cards and / or gifts - Do some local marketing and advertising - Increase social media presence
  • Premises: Fully fitted and stocked shop of 158 m2 with a 3 bedroom residence attached upstairs
  • Trading Hours: 7 days - Mon. - Sat.- 7.15 a.m. - 8.30 p.m.- Sun.- 8.15 a.m. - 8.30 p.m.
  • Lease: Current lease expires Feb. 2026 - C.P.I. increases - 3 month bond
  • Employees: 1 owner + 1 casual if required
  • Comments:

Weekly Summary

Weekly Takings (inc GST)

$10,100

Cost of Goods

$6,500

Gross Profit

$3,600

Rent

$800

Wages

$150

Outgoings

$20

Insurance

$35

Electricity

$110

Misc1

$360

Total Expenses

$1,475

Estimated Stock (Additional)

$30,000

Net Profit

$2,125

Price

$138,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Convenience Store - Tobacconist - Retail

Business Code: SF1665
Price: $138,000
+ Estimated SAV $30,000

Key Features: Convenience Store with residence - Tobacconist - Retail- Eastern Suburbs

State: NSW

Suburb: Randwick, 2031

Location: Main road street front location in a premium residential street and near 3 local schools, cafes , restaurants and busy trade shop and surrounded by residential in the Eastern Suburbs

Parking: 1 parking spot and easy street parking .

Description

Convenience store with residence attached - Selling range of drinks, soda stream refills, confectionery, ice cream, cigarettes, fresh bread, dairy products, groceries, toiletries, batteries and some pharmaceuticals. - Also sells newspapers, greeting cards, magazines and key cutting services - Menulog portal installed - ATM - 4 CCTV security cameras - Stock is extra to the selling price and is $30k or SAV

Summary

  • Features: Three bedroom residence attached - Very low rent. - Loyal customers. - High margins. - Very little competition - Key cutting service - Easy to run -Menulog portal installed
  • Potential: Could add dry cleaning service or flowers - Add pies or other hot food - Expand range to sell more greeting cards and / or gifts - Do some local marketing and advertising - Increase social media presence
  • Premises: Fully fitted and stocked shop of 158 m2 with a 3 bedroom residence attached upstairs
  • Trading Hours: 7 days - Mon. - Sat.- 7.15 a.m. - 8.30 p.m.- Sun.- 8.15 a.m. - 8.30 p.m.
  • Lease: Current lease expires Feb. 2026 - C.P.I. increases - 3 month bond
  • Employees: 1 owner + 1 casual if required
  • Sale Reason: Health issues
  • Comments: Misc. - 1 - Other general expenses - Total rent is is $1400 less $$600 p.w. for the residence / unit leaves rent shown as $800 p.w.- This 3 bedroom residence / unit has no separate entrance and is occupied by the current vendor - 1 freezer and 3 fridges are in good condition and fully owned (purchased 2020 )

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

$10,100

Cost of Goods

$6,500

Gross Profit

$3,600

Rent (ex GST)

$800

Wages

$150

Outgoings

$20

Insurance

$35

Electricity

$110

Misc1

$360

Total Expenses

$1,475

Estimated Stock (Additional)

$30,000

Net Profit

$2,125

Price

$138,000
+ Estimated SAV $30,000

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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.