Convenience Store – Groceries

For Sale

·
North West Sydney

Business Code: M2285

$80,000
+ Estimated Stock (SAV) $25000
Key Features: Long established for more than 25 years. - Well known and supported by locals. - Very cheap rent. - Easy operation. - Well priced.
State: NSW
Suburb: Ryde
Location: Situated in small shopping village of North West Sydney residential area and close to public schools and bus stations.
Premises: Well presented shop with an area approx. 40 sqm plus one store room at back.

Retirement

Sale Reason

Free street parking

Parking

One owner plus one casual

Employees

7 days. - 8:30 a.m. -7 p.m.

Trading Hours

Current monthly rental payable - A new 3 + 3 years lease available.- Bond will depend on the lease terms.

Lease

Long established neighbourhood mixed business selling groceries, soft drinks, confectionery, ice cream and cigarette etc. products. – Also does parcel collection and dry cleaning agent.

Features

Long established for more than 25 years. - Well known and supported by locals. - Very cheap rent. - Easy operation. - Well priced.

Potential

Promote local marketing. Increase fruit and vegetables and flowers sales. Add more parcel agents to increase income. Could apply lotto sales due to a nearby newsagency shop closed down. Suit family business and first start business buyers.

Comments

Misc.- 1-Refers to water usage and security alarm bill. - Keen vendor needs to retire after running the business for 18 years.

Weekly Summary

Figures include GST unless stated otherwise

Weekly Takings
$8500
Cost of Goods
$5100
Gross Profit
$3400
Rent
$450
Wages
$200
Telephone
$20
Insurance
$40
Electricity
$110
Misc 1
$30
Total Expenses
$850
Estimated Stock
(Additional)
$25000
Net Profit
$2550
Price
$80,000
+ Estimated Stock (SAV) $25000
Price
$80,000
+ Estimated Stock (SAV) $25000
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