Location:
Bargara 4670 > Regional QLD > Queensland
Investment level:
$680,000
Type:
Business
Industry:
Retail > Convenience, Grocery & Liquor stores > Convenience Store
Busy convenience store & fish and chips takeaway is located at Bargara in Bundaberg. It is an independent leasehold business without competition. Outdoor seating for coffee shop cafe style clients.
Shop 2, 102 Woongarra Drive
You will find the business on ‘millionaires row’ of Wongarra Scenic Drive which is the oceanfront road of Bargara. There is a saying in business that you should be where the money is and this location is definitely where the money is.
This is not a business you can buy with pennies and get ‘potential’. Instead it is a long established profit powerhouse which needs no money spent and has no competition for several kilometres.
You will need at least three people to run the front, convenience store and to do the cooking. Then another to do the preparation work for the prepared meals with are such a hit with locals and tourist families.
Did I mention that this business is busy? Opent 6 am for tradie business & closes 7pm after feeding the locals.
Owner plus 3
Looking to retire and spend more time on the ocean front across the road.
Ever walked past a shop and started to dream about owning it? This business is the stuff of fantasy. You can’t help but feel your mouth water as you smell the delicious cooking coming from a very busy kitchen. You can’t help but see all the customers coming in and out quickly with bags of food, a few convenience items and bottles of drink. Then you recognise that this goes on all day, every day.
Welcome to Carlyle Gardens Convenience Store and Takeaway. This leasehold business is a profit powerhouse. Forget the industry average of 6-9% net profit. This business does close to twice that. If you are looking for a business rather than a job then you better be quick to act otherwise your food will go cold.
You will find the business on ‘millionaires row’ of Wongarra Scenic Drive which is the oceanfront road of Bargara. There is a saying in business that you should be where the money is and this location is definitely where the money is.
The medium density residential area has an adjoining large retirement village which is expanding, a nearby caravan park with cabins and the exclusive Palm Lakes Resort. It is this stable population base that drives the small but well stocked convenience area as the retirees just don’t like to travel.
There is no money to spend on either the shop or the business. The owners appreciate that to run a good business you need to keep equipment upto speed and constantly improving efficiency. Recent upgrades include;
• Silver Chef salad bar
• Stainless steel splashback
• New fryer
• New microwave
• kitchen sink and
• coffee machine
Building upgrades include internal painting, new lights, electricals, powerpoints and security. The complex also has fresh signage both on the eves and by the roadside.
Did I mention that this business is busy? It opens at 6 am for tradie business and closes at 7pm after feeding dinner to the locals. You will need at least three people to run the front, convenience store and another to do the preparation work for the prepared meals.
This is not a business you can buy with pennies and get ‘potential’. Instead it is a long established profit powerhouse which needs no money spent and has no competition for several kilometres.
Cash and bank finance pre-approved buyers are invited to contact Peter Bender on 0421 253 771 for a business profile.
Disclaimer:
The information contained herein has been obtained directly from the seller and other sources but cannot be guaranteed as accurate. Clients are advised to verify any information through normal due diligence.
The owner has had this business for decades and actually sold it in 2022. The new owners unfortunately didn't have the skill set to run a busy business so the owner returned to the business, refurbished it and is quickly restoring it to it's former profit powerhouse.
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