Food/Hospitality Business for Sale in NSW Photo 1
Convenience Store for sale in Eastern Suburbs, NSW
For Sale $42,000

Convenience Store for sale in NSW

Food/Hospitality
NSW
For Sale $42,000

Business Details

Convenience Store - City Fringe

\nConvenience Store - City Fringe - Agent SBX Code Number: M1774

Convenience store selling groceries, soft drinks, cigarettes etc. - Also does a tourist pick up service.

Potential
Could add Apal cards. - Could add money exchange section. - Could increase more products such as gifts.

Features
Great location. - Busy tourist spot. - Low rent. - Huge potential.

Premises
Near new shop with an area of approx. 60m2 .

Location
Corner location close to Darling Harbour in City Fringe.

Trading Hours
7 days - 830 a.m. - 10 p.m.

Lease
5 + 5 year lease from 2013. - C.P.I. increases. - 3 months bank guarantee.

Employees
1,5 owners

Comments
Current young owner has no business experience background - An experienced operator could easily grow this business. - Sale price is below fitout cost, WIWO.

Figures
Weekly Sales $3500
Rent (ex GST) $550
Wages $0
Profit $1050

Agent SBX Code Number: M1774 - SBX Business Brokers

  • Last Updated June 2015
  • 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
SBX Business Brokers
Suite 1, Level 2, 2 - 4 Pacific Highway,
St Leonards, NSW 2065
1 Photo

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