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SBX Business Brokers
0294394403

ConvenienceStore - Upper North Shore

Summary

Convenience Store - Asian Supermarket - Upper North Shore

Rent:

$41,964 pa

Net Profit:

$0 pa

Location Details

Prime street front location next to railway station and surrounded by lots of apartments and car dealer businesses in Upper North Shore suburb.

Potential

Do marketing to locals. - Increase products. Add fruit and vegetables and flowers. - Expected the turnover could reach $10,000 a week in the future.

Hours

7 days - 7 a.m.- 7 p.m.

Lease

3 + 3 + 3 year lease commenced July 2016. - 3% annual increases. - 3 months bond.

Employees

One owner

About the Business

Convenience Store - Asian Supermarket - Upper North Shore

SBX Business Code: M1897
Convenience store and Asian supermarket selling groceries, soft drinks, sweets, confectionery, cigarettes, instant coffee and Asian food. - It has dry cleaning agent and Au Express service. - Also has own website to take orders to deliver Australian made heath care products overseas. - The business is constantly growing.

Potential
Do marketing to locals. - Increase products. Add fruit and vegetables and flowers. - Expected the turnover could reach $10,000 a week in the future.

Features
Brand new fit out. - New 9 years lease. -Great potential for experienced operator.

Premises
Brand new shop divided into convenience store and Asian supermarket with an area of 100 m2.

Location
Prime street front location next to railway station and surrounded by lots of apartments and car dealer businesses in Upper North Shore suburb.

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

Lease
3 + 3 + 3 year lease commenced July 2016. - 3% annual increases. - 3 months bond.

Employees
One owner

Comments
Newly established business which cost $160k. - The selling price is well below fitout value. - The young and inexperienced owner is keen to sell the business due a new baby and the price is also negotiable.

SBX Business Code: M1897

SBX Business Brokers

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