Convenience Store – Under Management – Tobacconist – Retail – Supermarket
Business Code: SF1590PM
$168,000
Enquire now+ Estimated Stock (SAV) $80,000
Key Features: Good branding - Excellent position - High foot traffic - Long lease - Busy store - Can open 24 hours - Easy to run
State: NSW
Suburb: North Sydney
Location: Corner store on a busy intersection near the rail station, schools, offices, hotels and residential in the Lower North Shore
Premises: Fully fitted and stocked large shop of 180 sq.mts with separate storeroom, office, toilet.
Other business interests
Sale Reason
2010
Established
Street parking
Parking
1 owner (works full time in the business) + 3 to 5 casuals as required
Employees
7 days - Mon - Thurs 6 am - 9 pm, Fri & Sat 24 hours, Sun 12 noon - 9 pm
Trading Hours
Current lease expires Dec. 2026 - CPI yearly increases - 6 month bond
Lease
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 - Sale back to pre Covid sales ofapprox $18K p.w. Stock is extra at approx. $80K (SAV)
Features
Good branding - Excellent position - High foot traffic - Long lease - Busy store - Can open 24 hours - Easy to run
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
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.
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