Unique Opportunity - Freestanding Freehold/Lease

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Private Seller

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Summary

A rare and exciting opportunity exists with a freestanding convenience / takeaway store located in kippa-ring. Operating 7 days per week. Freehold option / lease option / house purchase available.

Rent

$0 pw

Location Details

1 / 14 Regency Street
It is located on a side street of a main road (anzac ave). It is surrounded by a well built up estate. Local child care centre and car yard up the same road. Local school is around the corner. Off street parking available.

Potential

There is ample potential for this business. It is currently operating as a 7 day convenience store which also provides a bit of takeaway aswell. There is potential to grow the takeaway side of the business by increasing operating hours. It also provides a drop off point for a courier company, and can also expand into other courier companies. It also has its own ice machine and currently sells to the public and 3 local stores.

Hours

Currently opens approx 5:00am - 6:00pm Monday - Friday
5:00am - 5:30pm Saturday
5:00am - 4:00pm Sunday

Lease

There is no lease in place at the moment as it is operated by the owner of the freehold, but there is an option to lease

Employees

It is currently run by a family. Which is mainly 3 staff, but if you wish to expand the business you may like to employ more.

Reason for Sale

The current owners have been running it for 8 years + which was taken over from their family members who bought it over 18 years ago. The owners just require a break and to move onto something else. The business is not under financial strain

About the Business

Operating as a Convenience Store / Take Away.
Drop off point for a courier company (fastway), has been approached by other courier companies
Has its own ice making machine, selling to general public and providing supply to 3 stores in the area.
Local residents, local child care workers and families, local car yard workers and customers, and also customers from parcel pick ups

History

It has been owned operated by the same family for the last 18 + years. It has been a very successful business. Family works on the belief that all you have to do is open the doors and keep them open regularly, and customers will walk through. Which has been the situation for the last 18 + years.

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