For Sale $250,000
SBX Business Brokers

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SBX Business Brokers
Suite 1, Level 2, 2 - 4 Pacific Highway,
St Leonards, NSW 2065

Food/Hospitality for sale

QLD

For Sale $250,000

Business Details

Newsagency - Convenience Store - Gold Coast

\nNewsagency - Convenience Store - Gold Coast - Agent SBX Code Number: TQM1029

Newsagency and convenience store selling newspapers, magazines, cards, stationery, lotto and golden casket - Paper run with 3 sub-agents - Equipment includes as new lotto terminal with 10 years trade before replacement, plus efptos terminal, electric wrapping machine and ex-post office safe. - Lotto sales account for 33% of turnover with commission $31k per year. - Convenience store is fully stocked with grocery lines, drinks , ice-cream, hats, thongs, sarongs, sun glasses, boogie boards plus souvenir stands. - A confectionery display complements this impressive inventory list.

Potential
Could add coffee machine for outdoor seating.

Features
Coastal lifestyle. - Friendly client base. - Established since 1950

Premises
Colonial style building with an area of 130 sq. mts.

Location
Situated on Gold Coast beach.

Trading Hours
7 days - Mon. - Fri. - 6 a.m.- 5 p.m.-Sat. - Sun. - 6 a.m.- 5 p.m.

Lease
1 year remaining of current lease. - C.P.I. increases 4% per annum - 2 month bond - New 3 + 3 or 5 + 5 year lease should be available.

Employees
1 owner + 2 casuals.

Comments
Owners wanting to retire but are prepared to train for smooth transition. - A rare opportunity indeed to purchase a thriving business and live a quality coastal lifestyle on one of Australias best beaches.

Figures
Weekly Sales $17000
Rent (ex GST) $1700
Wages $500
Profit $2500

Agent SBX Code Number: TQM1029 - SBX Business Brokers

Summary »

  • Business Category: Food/Hospitality
  • Business Sub Category: Convenience Store
  • Expenses: $2500
  • Business Selling Price: $250000
  • Trading Hours: 7 days - Mon. - Fri. - 6 a.m.- 5 p.m.- Sat. - Sun. - 6 a.m.- 5 p.m.
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SBX Business Brokers
Suite 1, Level 2, 2 - 4 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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