Newsagency – Minimart – Convenience Store – Gifts

For Sale

·
North Coast NSW

Business Code: TQM1071F

$390,000
+ Estimated Stock (SAV) $130000
Key Features: Beautiful country lifestyle - Regular client base - No competition. - Well presented premises - Mini supermarket at rear of premises - 300 square meter site .
State: NSW
Suburb: Nimbin
Location: Located in the Northern Rivers region of NSW, one of Australia’s most recognised tourism destinations.
Premises: Large store situated in centre of main street with an area of 300 square meters - Newsagency in front with mini mart at rear.

Semi retirement after 27 years of being in business

Sale Reason

1980

Established

Street parking plus huge car park at rear.

Parking

2 owners + 12 casuals

Employees

7 days - Mon. - Fri. - 7 a.m.- 5.30 p.m. - Sat. - Sun. - 8 a.m. - 5 p.m.

Trading Hours

New lease can be negotiated - 5 + 5 if required - 2.2% C.P.I. increases - Bond 4 weeks rent

Lease

Features

Beautiful country lifestyle - Regular client base - No competition. - Well presented premises - Mini supermarket at rear of premises - 300 square meter site .

Potential

Should try to introduce lotto sales as currently not sold. Opportunity to expand gift and souvenir lines to further capture strong tourist spending, increase high-margin convenience and specialty product ranges, and enhance marketing through social media and seasonal promotions. Additional scope exists to extend trading hours during peak tourist periods and further strengthen the business as the town’s primary one-stop shop.

Comments

Misc 1 Rates - Misc 2 Fees / Permits

Weekly Summary

Figures include GST unless stated otherwise

Weekly Takings
$33000
Cost of Goods
$23600
Gross Profit
$9400
Rent
$1094
Wages
$2480
Telephone
$34
Insurance
$529
Electricity
$500
Misc 1
$130
Misc 2
$150
Total Expenses
$4917
Estimated Stock
(Additional)
$130000
Equipment
(Included)
$80000
Net Profit
$4483
Price
$390,000
+ Estimated Stock (SAV) $130000
Price
$390,000
+ Estimated Stock (SAV) $130000
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