Visit this listing at https://www.sbx.com.au/business?id=TTQN1110SF

Business Code: TTQN1110SF

Key Features: Convenience - Sales $12,000 pw - Close to Suncorp Stadium -$918 rent pw (ex gst)

State: QLD

Suburb: Petrie Terrace, 4000

Location: Prime position in very busy inner City night life area close to hotels and stadium in Brisbane CBD

Description

Convenience store selling a selection of everyday groceries plus Middle Eastern gifts, snacks, sweets, souvenirs, and homewares, - This is one of the few stores to have a large range of Shisha products. - ATM in store.

Summary

  • Features: Easy to run - Well established - Great position and presentation - Minimal competition - Low rent which includes outgoings and rubbish - Surrounded by hotels.- Good signage.
  • Potential: Expand food range - Could add takeaway, sandwiches, pies, snacks etc. - Install a coffee machine - Get Council permission to add tables and chairs on footpath. - Owner operator or couple would save on wages.
  • Premises: Modern and clean business with an area of 85 sq.mts. and includes 2 storage rooms, kitchenette and toilet.
  • Trading Hours: 7 days - Mon. - Thurs. - 10 a.m. till 12 a.m. -Fri. Sat. & Sun. till 3 a.m.
  • Lease: Current lease expires August, 2021 + 3 year option - 4 month bond - 3% increases p.a.
  • Employees: 1 Manager (part time) + 2 - 3 part timers.
  • Comments:

Weekly Summary

Weekly Takings (inc GST)

$12,000

Cost of Goods

$7,100

Gross Profit

$4,900

Rent

$918

Wages

$1,500

Telephone

$20

Insurance

$40

Electricity

$150

Misc1

$200

Total Expenses

$2,828

Estimated Stock (Additional)

$50,000

Net Profit

$2,072

Price

$118,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Convenience Store - Tobacconist - Retail

Business Code: TTQN1110SF
Price: $118,000

Key Features: Convenience - Sales $12,000 pw - Close to Suncorp Stadium -$918 rent pw (ex gst)

State: QLD

Suburb: Petrie Terrace, 4000

Location: Prime position in very busy inner City night life area close to hotels and stadium in Brisbane CBD

Description

Convenience store selling a selection of everyday groceries plus Middle Eastern gifts, snacks, sweets, souvenirs, and homewares, - This is one of the few stores to have a large range of Shisha products. - ATM in store.

Summary

  • Features: Easy to run - Well established - Great position and presentation - Minimal competition - Low rent which includes outgoings and rubbish - Surrounded by hotels.- Good signage.
  • Potential: Expand food range - Could add takeaway, sandwiches, pies, snacks etc. - Install a coffee machine - Get Council permission to add tables and chairs on footpath. - Owner operator or couple would save on wages.
  • Premises: Modern and clean business with an area of 85 sq.mts. and includes 2 storage rooms, kitchenette and toilet.
  • Trading Hours: 7 days - Mon. - Thurs. - 10 a.m. till 12 a.m. -Fri. Sat. & Sun. till 3 a.m.
  • Lease: Current lease expires August, 2021 + 3 year option - 4 month bond - 3% increases p.a.
  • Employees: 1 Manager (part time) + 2 - 3 part timers.
  • Sale Reason: Moving interstate
  • Comments: An easy to run & well established business in Brisbane CBD- Would also suit business migration family.-One part time Managers wage and one part timers wage totalling $1000 p.w. has been removed and shown in net profit as for an owner operator (current wages all inclusive are $2,500 p.w.) -
    The store is right opposite the famous hotel & close to Suncorp Stadium - On game days & music events in the Stadium the shop can make $15 - $25k sales in 1 day - Motivated vendor .

Disclaimer: Please note that the business information provided may be affected by COVID-19. Please speak to your broker for more information.

Weekly Summary

Weekly Takings
(inc GST)

$12,000

Cost of Goods

$7,100

Gross Profit

$4,900

Rent (ex GST)

$918

Wages

$1,500

Telephone

$20

Insurance

$40

Electricity

$150

Misc1

$200

Total Expenses

$2,828

Estimated Stock (Additional)

$50,000

Net Profit

$2,072

Price

$118,000

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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.