Food/Hospitality Business for Sale in NSW Photo 1
Convenience Store for sale in Eastern Suburbs, NSW
For Sale $200,000

Convenience Store for sale in NSW

Food/Hospitality
NSW
For Sale $200,000

Business Details

Convenience Store - Eastern Suburbs

\nConvenience Store - Eastern Suburbs - Agent SBX Code Number: M1908

Convenience store selling groceries, soft drinks, confectionery, ice-cream, milk, bread, cigarettes etc. - Opal card sales are not included. - ATM income $900 per month - TV advertising income $8000 a year. - Newly refurbished shop in 2015.

Potential
Suit family business. - Do more marketing.

Features
Best location. - Well established for 18 years. - Easy operation. - Very high margins. - Long lease.

Premises
A spacious and great looking shop with an area of 110m2

Location
Prime location on busy shopping street in affluent area of Eastern Suburbs

Trading Hours
7 days - 6 a.m.- 1 a.m.

Lease
5 + 5 + 5 + 7 year lease commenced 1998. - 4% annual increases. - Rental bond guaranteed by buying group.

Employees
2 owners

Comments
The rental includes all outgoings. - The profit shown is based on 2 owners working in the business. - Currently run under management with 2 staff with $2000 wages a week.

Figures
Weekly Sales $21000
Rent (ex GST) $4195
Wages $0
Profit $4265

Agent SBX Code Number: M1908 - SBX Business Brokers

  • Last Updated November 2018
  • Business Category Food/Hospitality
  • Business Sub Category Convenience Store
  • Expenses $4535
  • Business Selling Price $200000
  • Trading Hours 7 days - 6 a.m.- 1 a.m.
SBX Business Brokers
Suite 1, Level 2, 2 - 4 Pacific Highway,
St Leonards, NSW 2065
1 Photo

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