Convenience Store - Supermarket - Cafe

Business Code: SF1432


Key Features: Great business

State: NSW

Suburb: Riverstone, 2765

Location: Prime location in a growing area and close to schools with high foot traffic in the North West

Description

Convenience store - Cafe selling a full range of groceries, confectionery, cigarettes, cold drinks, chocolates, newspapers, school stationery etc. - Also sells hot food and Barista coffee - 6 seats outside - Full cooking facilities including fryer, 2 freezers, fridge etc. - Shop is fitted with air conditioning, security alarm and cameras. - Council approved for cooking.

Summary

  • Features: High profit - Excellent location -Very cheap rent -Very little competition.

  • Potential: Open earlier at 6 am and increase coffee sales - Growing community and suburb - Also could add internet stations and ATM machine. - Expand range of items

  • Premises: Huge shop with a new fit out and an area of 90 sq. mts. including kitchenette, store room & toilet.

  • Trading Hours: 7 days - Mon. - Fri. - 7.30 a.m. to 7.30 p.m. - Sat. & Sun. - 8 a.m. to 7 p.m.

  • Lease: Current lease expires July, 2021 + 5 year option - 3% increases - 3 month bond

  • Employees: One fulltime owner + 1 casual

  • Comments: Misc. - 1 - Other general expenses - This business has great potential and attracts customers from all the nearby schools as well as the local community. - A new two group coffee machine and grinder is fully owned and cost $16K . -

Weekly Summary

Weekly Takings
(inc GST)

$12,100

Cost of Goods

$8,380

Gross Profit

$3,729

Rent

$227

Wages

$480

Telephone

$20

Insurance

$50

Electricity

$250

Misc1

$150

Total Expenses

$1,177

Estimated Stock (Additional)

$30,000

Net Profit

$2,552

Price

$105,000

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