Convenience Store

For Sale

·
Lower North Shore

Business Code: W1903

$10,000.00
+ Estimated Stock (SAV) $30000
Key Features: No competition. Low rent. Bright and sunny shop frontage with glass wall.
State: NSW
Suburb: North Sydney
Location: Situated in residential area in Lower North Shore.
Premises: This business has an area of 50 sq. mts.
Price not disclosed

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Health problem.

Sale Reason

10 yrs

Established

Street parking

Parking

1 Manager + 1 part timer

Employees

7 days - Monday to Sunday: 8:00 am to 8:00 pm.

Trading Hours

Current lease expires 22nd July 2026 + 5 year option. - Bond 3 months - rent increases by 5% per year

Lease

Convenience store selling a full range of supermarket lines including slushies, refrigerated and frozen goods, dairy products, accessories, soft drinks, confectionery and ice cream. Store includes CCTV and air conditioning

Features

No competition. Low rent. Bright and sunny shop frontage with glass wall.

Potential

Do some local and social media marketing and advertising - Can introduce Lotto, greeting cards, gift Items and fresh flowers - Expand product range.- Would suit owner operators and save on wages.

Comments

Rent includes outgoing, - Misc.- 1- $10 p.w. is security. Due to health problem owner wants to sell this business asap - Urgent sale - Stock approx. $25,000. Buyer to pay at value after stocktake check one day before settlement. Motivate vendor. Staff are not aware so please be discreet.

Weekly Summary

Figures include GST unless stated otherwise

Weekly Takings
$6500
Cost of Goods
$3700
Gross Profit
$2800
Rent
$830
Wages
$2277
Telephone
$20
Insurance
$40
Electricity
$145
Misc 1
$10
Misc 2
$10
Total Expenses
$3332
Estimated Stock
(Additional)
$30000
Equipment
(Included)
$10000
Net Profit
$1000
Price
$10,000.00
+ Estimated Stock (SAV) $30000
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