SBX Business Brokers Phone : 02 9439 ****

Convenience Store - Supermarket - Lotto - Very busy location - Sales $46,900 p.w. - Profit $3,014 p.w.

Listing Id : 271704

Location : New South Wales - Auburn

Category : Convenience Stores

Asking Price : 480,000

Business description

Convenience Store - Supermarket - Lotto - Inner West - Agent SBX Code Number: GNGD1**** **** Convenience store selling Indian, Asian & Middle Eastern groceries, cigarettes, coffee, confectionery, soft drinks, newspapers, ice cream, stationery, electronic goods, snacks, noodles, canned goods, kitchen accessories, party - picnic consumables, baby products, household cleaning as well as Lotto and much more - sales & profitability continue to improve as population density & store popularity continues to rise - ATM continues to attract increasing traffic Potential Currently sells mainly Indian & Asian groceries - add groceries for different communities - add new product ranges - introduce loyalty programs for regular commuters & locals - promote Lotto through more signage Features Very prominent corner location - Massive foot traffic all day (not just in peak times) - Well established Premises This business has an area of 1**** **** sq. mt. + one 14 sq. mt. parking spot totalling 116 sq. mt. Location Situated opposite one of Sydneys busiest railway stations in the Inner West with thousands of apartments nearby Trading Hours 7 days - 6 a.m. to 11 p.m. - new owner is at liberty to change operating hours Lease New 5 + 5 + 5 year lease will be offered to buyer - 5% annual increases - 3 months bond - longer or shorter rental periods may also be acceptable Employees 2 owner operators + 1 casual employee - one owner does 6 a.m. to 3 p.m. - other owner does 3 p.m. to 11 p.m. Comments Misc.- 1 - Rubbish - Misc.- 2 - Other costs - 4 drink fridges are from Coca Cola Co, coffee machine is from coffee company, all other equipment is owned including 1 double-door freezer, 1 single-door freezer, 1 fridge, 1 bar freezer, all-new airconditioning, new product shelves + $45,000 Lotto license & fitout Figures Weekly Sales $46900 Rent (ex GST) $2000 Wages $1**** **** Profit $3014 Agent SBX Code Number: GNGD1**** **** - SBX Business Brokers


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