Convenience Store - Under Management - Tobacconist - Retail - Supermarket - SF1590PM

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$168,000

Description

Convenience store selling range of drinks, confectionery, cigarettes, groceries, toiletries and some pharmaceuticals. - Opal card and phone cards - ATM brings in approx. $600 per month - Takeaway coffee machine is owned by the coffee company which is very popular - Has a separate store room at back of shop -Pre Covid sales approx $18K p.w. Stock is extra at approx. $80K (SAV)

Potential

Could add money exchange and / or dry cleaning or flowers - Add pies or other hot food and fruit items - Expand range to sell greeting cards and / or souvenirs - Do some local marketing and advertising

Features

Good branding - Excellent position - High foot traffic - Long lease - Busy store - Can open 24 hours - Easy to run - Vendor works only a few hours per week, but no manager needed

Premises

Fully fitted and stocked large shop of 180 sq.mts with separate storeroom, office, toilet.

Location

Corner store on a busy intersection near the rail station, schools, offices, hotels and residential in the Lower North Shore

Trading Hours

7 days - Mon - Thurs 6 am - 9 pm, Fri & Sat 24 hours, Sun 12 noon - 9 pm

Lease

Current lease expires Dec. 2026 - CPI yearly increases - 6 month bond

Employees

1 owner (works only a few hours per week ) + 3 to 5 casuals as required

Comments

Misc.- 1 - Other general expenses - ATM is installed - Lots of retail and commercial in the area - A must to inspect but please be discreet - Some fridges are owned by the supplier however 2 new fridges purchased Dec 2016 costing $12K.

SBX ID

SF1590PM

Figures
  • Takings: $13300/week (GST)
  • Cost of Goods: $6000
  • Gross Profit: $7300
  • Rent: $2435
  • Wages: $1800
  • Outgoings: $100
  • Telephone: $25
  • Insurance: $50
  • Electricity: $300
  • Misc 1: $350
  • Total Expenses: $5060
  • Nett Profit: $2240
  • Estimated Stock (Additional): $80000
  • All other values ex GST
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