For Sale $98,000
SBX Business Brokers

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SBX Business Brokers
1/564 Pacific Highway,
St Leonards, NSW 2065

Food/Hospitality for sale

NSW

For Sale $98,000

Business Details

Convenience Store - Eastern Suburbs

\nConvenience Store - Eastern Suburbs - Agent SBX Code Number: SF1129

Convenience store selling bus tickets, opal cards, tobacco, groceries, confectionery, ice-cream, and drinks. - Also included is an apartment with a separate entrance including a kitchen, bathroom, living room, dining room and a large yard. - Figures shown are current weekly sales - this figure increases in the summer months

Potential
Could add more products (including vegetables and meats) and use more local marketing and promotions. - Introduce coffee and/or sandwiches.

Features
Good location - Easy to run - High profit margins - Residence attached.

Premises
Convenience store with 2 1/2 bedroom apartment with separate entrance and large backyard and a total area of 130 sq. mts.

Location
Close to Eastern Suburbs beach at a bus stop on the main street.

Trading Hours
7 days - Mon. - Sun. - 7 a.m. - 830 p.m.

Lease
Current lease commenced 17th April, 2013 - Expires 17th April, 2018 + 5 years option - 5% increases - 5 months bond.

Employees
1 owner + 1 casual

Comments
Misc 1 - Other general expenses - Owner lives in the apartment, but a new owner could rent out for $700- $750 per week. The rent is shown with the apartment rented at $700 p/w Total rent is $1682p.w. ex GST . - This business increases to $15,000 to $20,000 in the summer months. - An ATM brings in $320 profit a week.

Figures
Weekly Sales $11200
Rent (ex GST) $982
Wages $640
Profit $2028

Agent SBX Code Number: SF1129 - SBX Business Brokers

Summary »

  • Business Category: Food/Hospitality
  • Business Sub Category: Convenience Store
  • Expenses: $2089
  • Business Selling Price: $98000
  • Trading Hours: 7 days - Mon. - Sun. - 7 a.m. - 8:30 p.m.
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SBX Business Brokers
1/564 Pacific Highway,
St Leonards, NSW 2065

Phone: 02 9439 4403
Fax: 02 9439 5944

SBX Business Brokers
Phone: 02 9439 4403

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