Leading Convenience Store | Under Management | Premium North Shore Location

10 days ago

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Summary

This business is immaculately presented with no capital improvements required.

Revenue

$56,500 pm

Rent

$5,000 pm

Potential

Local Area Marketing to surrounding areas offering a variety of products with ample parking and outdoor dining.

Skills

Business is under management - it only requires business & staff management experience.

Hours

7 days - 7am - 10pm

Lease

5 years (expiring May 2025) plus options 5 x 5 years

Employees

3 casuals

Reason for Sale

Other business ineterests

About the Business


• A newly developed convenience store and trusted brand located in a prominent position.

• Location is all about convenience stores and this has one of the best in the heart of over 270 apartments!

• Long lease term of 5 years ending May 2025 plus an option for a further 5 x 5 years.

• Regular customers, air-conditioned and CCTV system installed.

• Products sold are freshly prepared food such as sandwiches, salads, and much more. We are also known as a place where consumers can find healthy snack options, including fresh fruit and large variety of drinks and essential items.

• The premises is on a long lease with low rent for the area providing street front access and outdoor eating for customers.

• Monthly average sales of $56,500

• If you’re looking for a convenience store as a passive investment with little to do, this is one of the best on the market.

This business is immaculately presented with no capital improvements required. The business generates healthy profits for the owner, and you’ll be able to increase your earnings if you work in the business or you can just continue to run it under management.

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