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Convenience Store - Newsagency - Brisbane North - (Code: TQG1226)

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Price: $180,000






Weekly Takings (inc GST) $27,000
Cost of Goods $22,000
Gross Profit $5,000
Rent $1,600
Wages $800
Outgoings $160
Telephone $20
Insurance $60
Electricity $520
Gas $
Misc 1 $
Misc 2 $
Total Expenses $3,160
Net Profit $1,840
Coffee Kilos P/W 0.0

Estimated Stock

$70,000
(Additional)

Equipment

$100,000
(Included)
All other values
exclude GST
General Description
Convenience store and newsagency - Takings include $13,000 p.w. lotteries, $5,500 p.w. cigarettes. - Approx 75% of takings are from newsagent, lottery, stationery etc. - Convenience goods include soft drinks, confectionery, snack foods, basic groceries, some fruit and veg.

Potential
Could add takeaway food eg sushi, kebabs. - Increase fruit and vegetable range. - Increase general product range.

Features
Excellent position. - Very long history under one owner. - Sale by landlord, lease can be negotiated to suit.

Premises
This business has an area of 200 sq. mts. with a modern fitout renovated in 2014.

Location
Situated in upmarket Inner Northside suburb of Brisbane.

Trading Hours
7 days - Mon. - Sat. - 5:30 a.m. - 7 p.m. - Sun. - 5:30 a.m. - 5:30 p.m.

Lease
Landlord is offering 5 + 5 or 3 + 3 + 3 years - 4% increases - 3 month bond

Employees
2 full-time owners + 1 casual

Comments
Ideal for enthusiastic owner-operator with significant room for improvement. - Landlord will consider splitting shop to reduce rent if buyer wishes to run as newsagency only.


SBX Business Brokers takes no responsibility for the accuracy of this information. Buyers should seek advice from their own Advisors.

SBXTQG1226

For more details please call (02) 9439 4403
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