For Sale $210,000
SBX Business Brokers

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

Food/Hospitality for sale

VIC

For Sale $210,000

Business Details

Convenience Store - Indian Groceries - North Melbourne

\nConvenience Store - Indian Groceries - North Melbourne - Agent SBX Code Number: GVC1013P

Indian grocery and convenience store selling a range of lentils, rice, frozen food, Indian toiletries, across the counter herbal medications, shampoos, soaps and other related products.- Sells quality frozen food products. - The overall sales takings also includes money remittance mainly to India. -

Potential
There is potential to sell other lines such as hot food and fruit and vegetables to cater to the demands of the Indian market.

Features
Very busy store - Well known in the community. - Good rent.

Premises
This business has an area of 150 sq.mts. with storage space at the back and toilets.

Location
In prime location on a busy main street close to station and public transport.

Trading Hours
7 days - 10 a.m. - 10 p.m.

Lease
3 + 3 + 3 year lease commenced May 2011.

Employees
1 owner - 1 full timer

Comments
Money remittance business requires another $10,000 investment by the buyer to make it profitable. - The amount of stock to be purchased could be negotiated at the time of purchase.

Figures
Weekly Sales $10500
Rent (ex GST) $565
Wages $550
Profit $3971

Agent SBX Code Number: GVC1013P - SBX Business Brokers

Summary »

  • Business Category: Food/Hospitality
  • Business Sub Category: Convenience Store
  • Business Lease: $26,000.00
  • Attached Dwelling: YES
  • Copy Of Title: 1
  • Expenses: $10000
  • Earnings Before Interest Tax: $1100000
  • Business Selling Price: $300000
  • Business Property Price: $300000
  • Property Selling Price: 300000
  • Trading Hours: 9am-5pm mon-fri.
  • Franchise Agreement Fees: NO
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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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