Internal Ref: GN1375
Summary
SBX Code: GN1375 - Run under management - One bedroom unit included in rent.
Rent
$1,313 pw
Net Profit
$2,700 pw
Location Details
Ideally situated in the heart of a village on the lower North Shore.
Potential
To add opal cards - bus cards - ATM - takeaway coffee - delivery service.- would suit 2 owners and save on wages
Hours
7 days - 7 a.m. - 10 p.m. -
Lease
5 year lease commenced 01/07/2021 plus 5 year option. $13,000 bank guarante CPI annual increase.
Employees
One Manager - 3 casuals.
About the Business
Convenience Store- Under Management-Cigarettes - Lower North Shore
SBX Code: GN1375
Branded convenience store under management - selling range of drinks, confectionery, cigarettes, groceries, toiletries and some pharmaceuticals.
Features
Prime position with heavy foot traffic.- Under management - One bedroom residence included in rent.
Premises
Approximately 30m2 with separate store room.
Comments
The business is currently fully managed, and the manager is paid $1,312 per week. If the new owner chooses to run it themselves, they could save this amount in wages.Theres also a self-contained one-bedroom unit above the shop with a separate entrance. It is currently rented out for $500 per week, which effectively reduces the businesss weekly rent to $813.
SBX Code: GN1375
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