Food/Hospitality for sale
Convenience - Tobacconist - Takeaway - Eastern Suburbs
\nConvenience - Tobacconist - Takeaway - Eastern Suburbs - Agent SBX Code Number: SF1233
Convenience store selling a wide range of goods including pies and sausage rolls, groceries. chemist items, papers, magazines, confectionery, electrical converters, soft drinks, ice cream, opal cards, bus tickets and cigarettes - $3,500 of weekly sales are in cigarettes which has high profit margins. - Equipped with CCTV monitored remotely - ATM machine.
Could be run under management - Add other products - Could add lotto (STA) - New developments nearby will bring more people to the area.
Top location - Excellent foot traffic day and night - Nothing to spend - Easy to run - Good clientele - Reasonable rent.
Glass front modern and well organised shop with an area of 45 sq. mts.
Situated on famous shopping strip surrounded by retail, cafes, schools, two large hotels and residential in Eastern suburbs.
7 days - Mon. - Thurs. & Fri. - 7 a.m. till 12 a.m. -Sat. - 7 a.m. till 3 a.m. - Sun. - 7 a..m. till 12 a.m.
Current lease expires Aug, 2020 - 4% increases - 6 months bond
1 owner + 1 fulltimer
Misc. 1 - Other general expenses. - This area is frequented by locals and also has lots of tourists staying in the nearby hotels. - It is a busy strip in a very exclusive area and is a popular destination. - The business has only been open for one year and a motivated owner will continue to increase both sales and profit. - Very busy on weekends and after midnight on Saturday night.
Weekly Sales $11100
Rent (ex GST) $1200
Agent SBX Code Number: SF1233 - SBX Business Brokers
- Business Category: Food/Hospitality
- Business Sub Category: Takeaway Food
- 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