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Busy Convenience Tobacconist Next To Station, Inner Syd...

Business for Sale
Randwick

Very busy convenience store next railway station, under residential apartments and continuous foot traffic. Opening hours 5.30AM to 9PM. Saturday 6.30PAM to 9PM and Sunday 10AM to 8PM. Currently Und

Price $380,000

Busy Convenience Tobacconist Next To Station, Inner Sydney

Stock Included:
Stock Value:
Years Est:
Gross Revenue:
Very busy convenience store next railway station, under residential apartments and continuous foot traffic.

Opening hours 5.30AM to 9PM. Saturday 6.30PAM to 9PM and Sunday 10AM to 8PM.

Currently Under Management, but owner operated will make more.

Features.

ATM on site.

Continuous foot traffic.

All equipment in place and working fine.

Week days are busy.

Railway station, hence busy area.

Convenience store and tobacconist.

No Competition.

Employees would stay back.

Lease for 5 years plus 5 years.

Revenue

Weekly revenue over $25,000 to $26000.

Rent is Just $1175/week.

GP: 22%

Full training and pass on all contracts to new purchaser.

Very good opportunity for owner operated, asking price is $380,000 plus SAV.

Weekly net profit for owner approximately $3000 (under management).

Potential

Can add Lotto, as no Lotto around.

Can add hot foods.

Can add photocopy and printer.

Can add money transfers.

Can add canned meat and fish currently none and customer demanding for it.

Before Covid-19 revenue was $40,000/week

Cost to Acquire the business.

$380,000.00 Business.

$15,275.00 Rental Bond (3 months).

$one month rent in advance $5087.

Stock at valuation: $60,000 plus or Minus 10%

Please Contact:

Broker: Gilraj Venkatappa.

Phone: 0401744199

Email: gilraj.venkatappa@linkbusiness.com.au

Listing Number: NSW09633

To complete an online confidentiality agreement, visit this business at: http://www.linkbusiness.com.au/businesses-for-sale/ca/NSW09633

The Purchaser to make his/her own investigations and inquiries in relation to the business and not to rely upon warranty or statement made by the vendor or by anyone on his/her behalf.
Ref: NSW09633
Timestamp: 20201004020038

Contact Seller

Contact: Gilraj Venkatappa
Phone: +61 2 9899 1999
Mobile: +61 401744199

Bsale ID: 273173
Agent ID: NSW09633




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