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Convenience Store business for sale in Sydney

  • Convenience Store
  • Sydney NSW 2000
  • $98,000 (GST na)

M2083 - Business For Sale - Convenience Store Convenience Store - Nett $2300 p.w - Lower North Shore Nsw - Residence attached

Convenience Store - Milk Bar - Lower North Shore
SBX Business Code: M2083
Convenience store - milk bar selling bread, milk, groceries, confectionery, ice-creams. cigarette etc. - Currently weekly sale average $11,500 with average gross profit 35% - The owner lives upstairs in residence.

Potential
Ideal family business. - Add more products. Do marketing to increase sales.

Features
Long established. - Well known by locals. -Low rent includes residence. - Stable income.

Premises
Well presented shop with an area of approx. 120 m2 including store room and kitchen plus 2 bedrooms upstairs and parking area at rear.

Location
Shopping street front location in Lower North Shore area close to station and schools.

Trading Hours
7 days - Mon. - Sat. - 7 a.m.- 7 p.m. - Sun. - 8 a.m.- 7 p.m.

Lease
3 years lease + 2 years option commenced 8th Dec. 2017 - C.P.I. increases. - No rental bond. - New lease available.

Employees
Husband and wife term

Comments
The outgoings shown are council rates of $2800 per year, water bill $920 per year. and land tax $1296 per year - Misc.- 1- Bank fees and rubbish fees. - The rent includes upstairs 2 bedrooms with bathroom and kitchen in separate entrance door which can be rented for $500 extra income. - Keen vendor needs to retire after running business for 17 years.
Figures
Weekly Sales $11500
Rent (ex GST) $1427
Wages $0
Profit $2300

SBX Business Code: M2083

SBX Business Brokers - Sydney Business Exchange

Map for Sydney NSW 2000
Map for Sydney NSW 2000Sydney NSW 2000
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