Convenience Store - Eastern Suburbs

4 days ago

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Internal Ref: M2048

Summary

SBX Business Code: M2048 - Convenience Store - Supermarket - Takeaway - Eastern Suburbs

Rent

$62,400 pa

Net Profit

$158,340 pa

Location Details

Situated in corner location in affluent residential area of Eastern Suburbs.

Potential

Ideal for family business.- Could add more products. - Could convert to cafe, as has council DA approved for food business.

Hours

7 days - Mon. - Sat. - 630 a.m. - 930 p.m. - Sun. - 730 a.m. - 830 p.m.

Lease

Vendor is landlord. - New 5 + 5 lease available. - C.P.I. annual increases. - 3 months bond

Employees

2 owners

About the Business

Convenience Store - Supermarket - Takeaway - Eastern Suburbs

SBX Business Code: M2048
Convenience store selling a wide range of groceries, soft drinks, confectionery, ice cream, cigarettes, some fruit and vegetables. - Also sells some coffee and sandwiches, pies - Sub-news-agency.

Potential
Ideal for family business.- Could add more products. - Could convert to cafe, as has council DA approved for food business.

Features
No competition - Long established for many years - Regular customers. - Stable income. - Reasonable rent with long lease.

Premises
Well presented shop with an area of approx. 100 m2 including storage area.

Location
Situated in corner location in affluent residential area of Eastern Suburbs.

Trading Hours
7 days - Mon. - Sat. - 630 a.m. - 930 p.m. - Sun. - 730 a.m. - 830 p.m.

Lease
Vendor is landlord. - New 5 + 5 lease available. - C.P.I. annual increases. - 3 months bond.

Employees
2 owners

Comments
The rent includes all outgoings.- Misc.- 1- Refers to rubbish and bank fee. - First time on market in 20 years. - Well priced to sell. - Annual sales report available to review. - Last year total sales were close to $800K.

SBX Business Code: M2048

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