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      Convenience Store business for sale in Sydney

      • Convenience Store
      • Sydney NSW 2000
      • $358000

      SF1142 - Business For Sale - ConvenienceStore Established 55 years.

      Convenience Store - Eastern Suburbs
      SBX Business Code: SF1142
      Convenience store selling newspapers, cards, magazines, stationery, souvenirs, phone cards, opal cards etc. as well as a large assortment of drinks, groceries, confectionery, ice cream and even chemist supplies and all beach needs. - Souvenir sales are over $500 per day.

      Potential
      Continue to grow the business and increase sales and profit - Add coffee and snacks. - Could introduce a dry cleaning service - Possibly add money transfer.

      Features
      Long lease - Excellent location - Recently refurbished large shop - Easy to run - Established 55 years - Lots of foot traffic day and night - Nothing to spend.

      Premises
      Modern and well presented shop which includes 2 storage rooms and backyard and a total area of 160 sq. mts.

      Location
      Prime main road location opposite an Eastern Suburbs beach and surrounded by tourists and locals.

      Trading Hours
      7 days - 6 am - 12 midnight

      Lease
      Current lease commenced July, 2014 - Expires July, 2019 + 5 year option - C.P.I. increases - 3 months bond

      Employees
      1 owner + 2 part-timers + 1 delivery person

      Comments
      Miscell.- Other general expenses. - An iconic hotel in the heart of major tourist beach has been recently renovated and is bringing lots of new customers. - Most of the fridges and the POS are still under warranty. - During the summer this business reached $45 - $50K takings and is still growing.- There are also 2 computers set up as an internet station.- Broad range of products and sales of approx. 70 bags of ice p.w. in summer. - Air conditioned and security cameras.
      Figures
      Weekly Sales $37000
      Rent (ex GST) $3250
      Wages $2500
      Profit $4000

      SBX Business Code: SF1142

      SBX Business Brokers - Sydney Business Exchange

      Business Highlights

      Business ID

      2012083520

      Last updated

      19 Apr 2018

      Category

      Convenience Store, Grocery & Alcohol

      Map for Sydney NSW 2000

      Suite 1, Level 2, 2 - 4 Pacific Highway St Leonards NSW 2065

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