convenience store in Kingswood

2 days ago

Private Seller

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Summary

Key Features: Great location - Well established - Strong local support - Wide range of products - Easy to operate - Nothing to spend.

Revenue

$7,000 pw

Rent

$1,600 pw

Expenses

$4,000 pw

Net Profit

$1,400 pw

Location Details

Block D Retail Shop 1, 48-56 Derby Street

Potential

Do some local and social media marketing and advertising - Can introduce Lotto, ATM machine, Greeting cards, Gift Items and Fresh Flowers - Expand product range to increase sale.

Skills

No skills needed.

Hours

5 days - Monday to Friday - 8 am to 6 pm - Potential to operate all 7 days from 6 am - 11 pm.

Lease

Current lease expires in November 2028 + 5 yrs + 5 yrs option, 3 months bond & 4% annual rent increase.

Employees

1 owner + 1 full timer + 2 casuals

Reason for Sale

Relocation

About the Business

Supermarket, convenience store selling a full range of supermarket lines including day to day groceries, refrigerated and frozen goods, dairy, accessories, soft drinks, confectionery and ice creams. Store includes CCTV and air conditioning.
Situated opposite hospital and surrounded by other businesses and high growth residential in Western Suburbs.

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