Long established Takeaway Convenience & Grocery Store with Cafe Coffee & Dining

4 days ago

Private Seller Northern Star Store

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Summary

The business operates as a traditional takeaway convenience & grocery store, open 7 days, with Cafe expansion. $30,000/week sales, 3 x 5 year Lease, GM % growth, satisfies Business Visa requirements

Potential


Skills


Hours

Open 7 days
5:30 am Mon-Fri
6:00 am Sat; 7:00 am Sun
Close 7:00 pm each night

Lease

3 x 5 year lease - term of lease secured to 2030, further 5 year option to 2035

About the Business

The Northern Star Store is a long established Takeaway Convenience & Grocery Store, located in Roma Qld, with a newly appointed Coffee, Cafe & Dining space.

Open 7 days a week, the Store is iconic in Roma’s vibrant community.

Business:
- Average weekly sales $30,000
- Progressive Gross Margin increase of 2% per half year
- 44% Gross Margin at Dec 2024 half yearly result
- Rent $2,800 / month
- Energy $4,000 / month
- Stock circa $40,000

Features:
- 3 x 5 year lease - current term of lease secured to 2030, further 5 year option to 2035
- 1,000 m² gravel and bitumen front parking area
- Building 240 m² Land area for alfresco seating 500 m²
- Location - ONLY shop north of the town centre / main highway intersection
- Exclusive Merlo Coffee contract
- Renovation and Expansion in 2024 to increase takeaway food volume plus coffee cafe dining
- Brand new unencumbered equipment throughout
- Satisfies Business Visa requirements

Option to purchase business assets and going concern, or Northern Star Store Pty Ltd company
$395,000 + SAV
or by negotiation for company sale

Please send an enquiry for further information, to arrange an inspection, or request documents

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