Convenience Store - Retail - Fruit & Vegetables - Good location -Low rent $470p

10 days ago

Send an enquiry

All personal information submitted by you as part of an enquiry will be used by us in accordance with our Privacy Policy
 

Internal Ref: SF1145

Summary

SBX Business Code: SF1145 - Convenience Store - Retail - Fruit & Vegetables Nett $1800.00 per week Good location -Low rent $470 per week.

Rent

$24,440 pa

Net Profit

$108,524 pa

Location Details

Situated on busy main road in a densely populated area close to train station.

Potential

A new nursing home and housing is being built in the area - Could do deliveries - Update premises - Introduce new products - Perfect for a couple or a family run business.

Hours

7 days - Mon. - Sat. - 730 a.m. - 700 p.m.-Sun. - 800 a.m. - 600 p.m.

Lease

Current lease commenced May, 2016 - Expires May, 2019 + 3 year option - 5 % increases - 3 m

Employees

2 owners + casuals as required.

About the Business

Convenience Store - Retail - Fruit & Vegetables - Western Suburbs

SBX Business Code: SF1145
Convenience store selling groceries, fruit and vegetables, bread, drinks, ice cream, confectionery and cigarettes - Large cool room - Rear lane entrance.

Potential
A new nursing home and housing is being built in the area - Could do deliveries - Update premises - Introduce new products - Perfect for a couple or a family run business.

Features
Well established - Easy to run - Close to a major hospital and university. - No competition. No outgoings.

Premises
Busy shopping strip with adjacent parking and storage room and an area of 90 sq. mts.

Location
Situated on busy main road in a densely populated area close to train station.

Trading Hours
7 days - Mon. - Sat. - 730 a.m. - 700 p.m.-Sun. - 800 a.m. - 600 p.m.

Lease
Current lease commenced May, 2016 - Expires May, 2019 + 3 year option - 5 % increases - 3 month bond

Employees
2 owners + casuals as required.

Comments
This is a long established business and has lots of potential for a new owner to increase sales and profit. - The profit is shown for 2 owners. -Stock price can be negotiated as older stock can be sold or put as a special price by the current vendor before the new buyer takes over. - Owner is unwell and price is reduced for a quick sale.

SBX Business Code: SF1145

SBX Business Brokers

Share this business

Find out more at the SBX Business Brokers Info page

Share this Ad


Cancel

Report this Ad


Cancel