Convenience Store - Retail - Under Management

Business Code: SFH1010


Key Features: Established 22 years

State: NSW

Suburb: Darlinghurst, 2010

Location: Situated in a busy entertainment precinct and surrounded by hotels, pubs, restaurants, apartments, commercial, retail and residential in the City Fringe.

Description

Convenience store selling range of drinks, confectionery, ice cream, cigarettes, opal cards and some pharmaceuticals. - CCTV - Fully equipped with 2 air conditioners, 5 fridges, 3 freezers (1 ice freezer), storage space, open display fridge and metal shelves. -Toilet and secured parking.

Summary

  • Features: Easy operation - Nothing to spend - High foot traffic - Great location - Established over 22 years with same owner.

  • Potential: An owner operator could save on wages and increase profit. - Add coffee - Expand product range.

  • Premises: This business has an area of 80m2.

  • Trading Hours: 7 days - Sun. - Thurs. - 7.30 a.m. - 12 a.m. - Fri. - Sat. - 7.30 a.m. - 2 a.m.

  • Lease: Current lease expires June, 2020 + 3 year option - C.P.I. increases and 3 months bond.

  • Employees: 1 full-time Manager + 1 part-time owner+ 2 casuals.

  • Comments: Misc.- 1 - Other general expenses and GST. - Outgoings included in the rent - Great opportunity to purchase an easy business to operate. - Very well priced. - A must to inspect.

Weekly Summary

Weekly Takings
(inc GST)

$12,000

Cost of Goods

$6,500

Gross Profit

$5,500

Rent

$1,571

Wages

$2,000

Telephone

$15

Insurance

$50

Electricity

$250

Misc1

$100

Total Expenses

$3,986

Estimated Stock (Additional)

$50,000

Net Profit

$1,514

Price

$78,000

Enquire about this listing