Internal Ref: SF1590PM
Summary
SBX Code: SF1590PM - Corner store on a busy intersection in the Lower North Shore, High foot traffic. Long lease. Takings $13,300 p.w.
Rent
$2,435 pw
Net Profit
$2,240 pw
Location Details
Corner store on a busy intersection near the rail station, schools, offices, hotels and residential in the Lower North Shore
Potential
Could add money exchange and / or dry cleaning or flowers - Add pies or other hot food and fruit items - Expand range to sell greeting cards and / or souvenirs - Do some local marketing and advertising
Hours
7 days - Mon - Thurs 6 am - 9 pm, Fri & Sat 24 hours, Sun 12 noon - 9 pm
Lease
Current lease expires Dec. 2026 - CPI yearly increases - 6 month bond
Employees
1 owner (works only a few hours per week ) + 3 to 5 casuals as required
About the Business
Convenience Store - Under Management - Tobacconist - Retail - Supermarket - Lower North Shore
SBX Code: SF1590PM
Convenience store selling range of drinks, confectionery, cigarettes, groceries, toiletries and some pharmaceuticals. - Opal card and phone cards - ATM brings in approx. $600 per month - Takeaway coffee machine is owned by the coffee company which is very popular - Has a separate store room at back of shop -Pre Covid sales approx $18K p.w. Stock is extra at approx. $80K (SAV)
Features
Good branding - Excellent position - High foot traffic - Long lease - Busy store - Can open 24 hours - Easy to run - Vendor works only a few hours per week, but no manager needed
Premises
Fully fitted and stocked large shop of 180 sq.mts with separate storeroom, office, toilet.
Comments
Misc.- 1 - Other general expenses - ATM is installed - Lots of retail and commercial in the area - A must to inspect but please be discreet - Some fridges are owned by the supplier however 2 new fridges purchased Dec 2016 costing $12K.
SBX Code: SF1590PM
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