Visit this listing at https://www.sbx.com.au/business?id=SFD1041

Business Code: SFD1041

Key Features: Convenience - Nets $6,443 p.w.- High foot traffic - Well established

State: NSW

Suburb: Waterloo, 2017

Location: Great location surrounded by business, child care and residential apartments, opposite to very popular car showrooms in the Inner City.

Description

Convenience store selling range of drinks, confectionery, cigarettes, takeaway coffee, hot food, ice cream, stationery, health & beauty products. - Also sell wide range of products from America, Brazil, Irish, UK, New Zealand and Australian. Ben & Jerry ice cream exclusivity in the area. Internet & copier service - New CCTV cameras & POS system - Uber Eats & Deliveroo service - vast followers on Instagram.

Summary

  • Features: Popular location with high foot traffic - Long established - Large shop - High margins - Long lease - Busy store - Easy to run.
  • Potential: Could add currency exchange, dry cleaning, flowers, gift items and keep it open for 24 /7 - Do some local marketing / advertising and create website.
  • Premises: Well presented large shop with full glass frontage and good signage, toilet and an area of 150 m2.
  • Trading Hours: 7 days - Mon. - Sun. - 6 a.m. to 12 a.m. midnight
  • Lease: Current lease expires Sept 2022 + 5 yrs + 5 yrs option - 5% annual rent increases - 3 months bond
  • Employees: 1 owner + 1 fulltimer + 1 casual
  • Comments:

Weekly Summary

Weekly Takings (inc GST)

$25,500

Cost of Goods

$15,300

Gross Profit

$10,200

Rent

$1,782

Wages

$1,520

Telephone

$15

Insurance

$60

Electricity

$230

Misc1

$150

Total Expenses

$3,757

Estimated Stock (Additional)

$100,000

Net Profit

$6,443

Price

$338,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Convenience Store - Tobacconist - Takeaway

Business Code: SFD1041
Price: $338,000
+ Estimated SAV $100,000

Key Features: Convenience - Nets $6,443 p.w.- High foot traffic - Well established

State: NSW

Suburb: Waterloo, 2017

Location: Great location surrounded by business, child care and residential apartments, opposite to very popular car showrooms in the Inner City.

Description

Convenience store selling range of drinks, confectionery, cigarettes, takeaway coffee, hot food, ice cream, stationery, health & beauty products. - Also sell wide range of products from America, Brazil, Irish, UK, New Zealand and Australian. Ben & Jerry ice cream exclusivity in the area. Internet & copier service - New CCTV cameras & POS system - Uber Eats & Deliveroo service - vast followers on Instagram.

Summary

  • Features: Popular location with high foot traffic - Long established - Large shop - High margins - Long lease - Busy store - Easy to run.
  • Potential: Could add currency exchange, dry cleaning, flowers, gift items and keep it open for 24 /7 - Do some local marketing / advertising and create website.
  • Premises: Well presented large shop with full glass frontage and good signage, toilet and an area of 150 m2.
  • Trading Hours: 7 days - Mon. - Sun. - 6 a.m. to 12 a.m. midnight
  • Lease: Current lease expires Sept 2022 + 5 yrs + 5 yrs option - 5% annual rent increases - 3 months bond
  • Employees: 1 owner + 1 fulltimer + 1 casual
  • Sale Reason: Family reasons
  • Comments: Misc.- 1 - Other general expenses. - A solid business on a very busy corner - Suit an investor, owner operator or couple to continue to grow this business which is in a fantastic location. - All interested buyers must arrange a meeting through their SBX broker and must not speak to any staff on site. -A must to inspect but please be discreet.

Disclaimer: 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

$25,500

Cost of Goods

$15,300

Gross Profit

$10,200

Rent (ex GST)

$1,782

Wages

$1,520

Telephone

$15

Insurance

$60

Electricity

$230

Misc1

$150

Total Expenses

$3,757

Estimated Stock (Additional)

$100,000

Net Profit

$6,443

Price

$338,000
+ Estimated SAV $100,000

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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.