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. - $500/week additional income is generated from the money remittance.

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. - Well established.

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
2 + 2 + 2 + 2 starting in June 2017 (can be negotiated with the landlord).

Employees
1 owner - 1 full timer

Comments
Training provided for upto 2 months. - 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. - Owners will reduce the price if renovations dont proceed.

Figures
Weekly Sales $11500
Rent (ex GST) $550
Wages $600
Profit $3000

Agent SBX Code Number: GVC1013P - SBX Business Brokers

Summary »

  • Business Category: Food/Hospitality
  • Business Sub Category: Convenience Store
  • Expenses: $1500
  • Business Selling Price: $210000
  • Trading Hours: 7 days - 10 a.m. - 10 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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