Visit this listing at https://www.sbx.com.au/business?id=SM1473

Business Code: SM1473

Key Features: Convenience Store - South Sydney - Takings $20,000 p.w.

State: NSW

Location: Situated on busy corner block near crossing lights and below a hotel over looking the beach in South Sydney area.

Description

Convenience store selling range of drinks, confectionery, cigarettes, beach needs and some pharmaceuticals - Air conditioned and CCTV - Fully equipped with open display fridge, metal shelves (1.8m high), slat walls and temper shelves. - Phone card sales of $100 p.w. is included in the takings.

Summary

  • Features: Long lease - Excellent location - Easy to run - Lots of foot traffic day and night - Nothing to spend. - Under management.
  • Potential: Would suit full time owner - Continue to grow the business and increase sales and profit.
  • Premises: Modern and well presented corner shop which includes storage room and an area of 85 sq. mts.
  • Trading Hours: 7 days - 7:00 a.m. - 12:00 a.m.
  • Lease: New 3 + 3 year lease commenced April, 2019. - 4% annual increases. - 3 months bond.
  • Employees: Manager + 2 casuals.
  • Comments: During the summer this business reached $30K takings and is still growing.

Weekly Summary

Weekly Takings (inc GST)

$20,000

Cost of Goods

$11,000

Gross Profit

$9,000

Rent

$1,830

Wages

$2,100

Insurance

$40

Electricity

$230

Total Expenses

$4,200

Estimated Stock (Additional)

$70,000

Net Profit

$4,800

Price

$300,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Convenience Store - Retail - Under Management

Business Code: SM1473
Price: $300,000

Key Features: Convenience Store - South Sydney - Takings $20,000 p.w.

State: NSW

Location: Situated on busy corner block near crossing lights and below a hotel over looking the beach in South Sydney area.

Description

Convenience store selling range of drinks, confectionery, cigarettes, beach needs and some pharmaceuticals - Air conditioned and CCTV - Fully equipped with open display fridge, metal shelves (1.8m high), slat walls and temper shelves. - Phone card sales of $100 p.w. is included in the takings.

Summary

  • Features: Long lease - Excellent location - Easy to run - Lots of foot traffic day and night - Nothing to spend. - Under management.
  • Potential: Would suit full time owner - Continue to grow the business and increase sales and profit.
  • Premises: Modern and well presented corner shop which includes storage room and an area of 85 sq. mts.
  • Trading Hours: 7 days - 7:00 a.m. - 12:00 a.m.
  • Lease: New 3 + 3 year lease commenced April, 2019. - 4% annual increases. - 3 months bond.
  • Employees: Manager + 2 casuals.
  • Comments: During the summer this business reached $30K takings and is still growing.

Weekly Summary

Weekly Takings
(inc GST)

$20,000

Cost of Goods

$11,000

Gross Profit

$9,000

Rent (ex GST)

$1,830

Wages

$2,100

Insurance

$40

Electricity

$230

Total Expenses

$4,200

Estimated Stock (Additional)

$70,000

Net Profit

$4,800

Price

$300,000

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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.