For Sale $368,000
SBX Business Brokers

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SBX Business Brokers
1/564 Pacific Highway,
St Leonards, NSW 2065

Food/Hospitality for sale


For Sale $368,000

Business Details

Convenience Store - Eastern Suburbs

\n Convenience Store - Eastern Suburbs - Agent SBX Code Number: SF1142

Convenience store selling newspapers, cards, magazines, stationery, souvenirs, phone cards, opal cards etc. as well as a large assortment of drinks, groceries, confectionery, ice cream and even chemist supplies and all beach needs. - Souvenir sales are over $500 per day.

Continue to grow the business and increase sales and profit - Add coffee and snacks. - Could introduce a dry cleaning service - Possibly add money transfer.

Long lease - Excellent location - Recently refurbished large shop - Easy to run - Established 55 years - Lots of foot traffic day and night - Nothing to spend.

Modern and well presented shop which includes 2 storage rooms and backyard and a total area of 160 sq. mts.

Prime main road location opposite an Eastern Suburbs beach and surrounded by tourists and locals.

Trading Hours
7 days - 6 am - 12 midnight

Current lease commenced July, 2014 - Expires July, 2019 + 5 year option - C.P.I. increases - 3 months bond

1 owner + 2 part-timers + 1 delivery person

Miscell.- Other general expenses. - An iconic hotel in the heart of major tourist beach has been recently renovated and is bringing lots of new customers. - Most of the fridges and the POS are still under warranty. - During the summer this business reached $45 - $50K takings and is still growing.- There are also 2 computers set up as an internet station.- Broad range of products and sales of approx. 70 bags of ice p.w. in summer. - Air conditioned and security cameras.

Weekly Sales $37000
Rent (ex GST) $3250
Wages $2500
Profit $4000

Agent SBX Code Number: SF1142 - SBX Business Brokers

Summary »

  • Business Category: Food/Hospitality
  • Business Sub Category: Convenience Store
  • Expenses: $6500
  • Business Selling Price: $368000
  • Trading Hours: 7 days - 6 am - 12 midnight
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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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