Profitable business with house attached in North QLD

19 days ago

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Internal Ref: bus5925

Summary

Want a business that comes with the freehold and house. Imagine the business paying off your home loan years earlier. This easy to run convenience sto...

About the Business

Want a business that comes with the freehold and house. Imagine the business paying off your home loan years earlier. This easy to run convenience store is a real winner for the current operator and has potential to do more.

The store boasts a weekly turnover of $30,000/week for the 2023/24 financial year, with a gross profit margin of 22%. The adjusted net profit including rent is over $200,000 for the family operated business , and the business consistently returns profit year on year. The opportunity to expand the product range is available to further grow the business, and there is a storage area that provides room for growth.

The business has an area of approximately 120 square meters for trading, and is attached to the main house which has 3 bedrooms and modern inside. The business is currently trading 7 days a week with room to expand opening hours and ranging providing a comfortable lifestyle for the owner while still offering a substantial income opportunity.

The freehold, which includes the buildings and a 3 Bedroom house


BUSINESS SNAPSHOT:
- Profit: $200,000 +
- ROI: 37% p/a
- Earning Type: PEBITDA
- Weekly turnover 23/24 - $30,000
- Gross Profit of 26%
- Adjusted Net profit – $250k+

THE KEY DETAILS:
- Family/Owner Operator
- Country Lifestyle
- Flights back to Brisbane on regular basis
- Consistently returns profit year on year
- Opportunity to keep expanding range to grow business

Summary:
This opportunity presents a fantastic chance for a motivated buyer to take over a successful and well-established business in a large country area, offering a comfortable lifestyle and substantial income.
The current owner and long-term staff have built up a strong reputation and will provide the incoming owner with support during the transition period.


FOR SALE: $1,390,000 Business, Freehold & 3br home + Stock

Contact the exclusive broker:
David Zampech
Benchmark Business Sales & Valuations
M: 0422 671 375
T: 1300 366 521

If you’d like to know more about this business, go to our website www.benchmarkbusiness.com.au and use the reference: bus5925 to search for the business.

Please ensure you have the necessary capital before expressing an interest in this business.

The image shown is for illustration purposes only and may not be an exact representation of the business.
Benchmark Business Sales and Valuations

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