SBX Business Brokers Phone : 02 9439 ****

Convenience Store - Tobacconist - Gifts. - Franchise - $20,000 sales p.w. - Net profit $2,400 p.w. - Low rent - growth potential.

Listing Id : 268879

Location : New South Wales - Penrith

Category : Convenience Stores

Asking Price : 149,000

Business description

Convenience Store - Tobacconist - Gifts. - Franchise - Western Suburbs - Agent SBX Code Number: SFG1**** **** A Convenience store and tobacconist selling good range of tobacco lines, drinks, confectionery, novelty and gift items, ice cream etc. - An ATM contributes $250 to turnover p.w. - Redemption machines attract children and parents. - The business is like two outlets in one due to the unique dual entries which ensures strong weekly turnover. Potential Increase opening hours - currently opening 9.30 a.m. and closing 6 p.m. - Trading 7 a.m. to 7 p.m. would dramatically increase sales. - Introduce coffee as it is an approved usage. - Room for sublease. - Add more convenience lines and specials. - New restaurants opening next door will increase demand. Features Dual entrances - Loyal clientele. - Excellent location. - No direct competitor. -Well established. - Landlord has upgraded courtyard area - Low rent. - One person operation. Premises This business has an area of 80 sq. Mts. with retail displays and secure storage. Location Perfectly located with two entrances the first on a main street and the other opening onto a mini courtyard shopping precinct in Western Suburbs Trading Hours 7 days. - Mon. - Fri. - 9.30 a.m. - 6.00 p.m. - Sat. - Sun. - 9.30 a.m. - 4.00 p.m. Lease Current lease expires September 2**** **** - annual 3% increases. - A new lease on favourable terms can be negotiated. - Small bond of 3 months may apply. Employees 1 owner Comments The landlord has recently upgraded the facility which has attracted new adjoining quality tenants thus increasing foot traffic. - Whilst part of a franchise there is no weekly franchise fee just a one off application fee of $5000 and an ongoing small membership fee for which you get strong buying power and brand recognition. - The trading figures do not include wholesale accounts which the store has and these dramatically increase weekly turnover when orders are placed.- This is represents a wise and profitable investment. Figures Weekly Sales $20000 Rent (ex GST) $682 Wages $0 Profit $2414 Agent SBX Code Number: SFG1**** **** A - SBX Business Brokers

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