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Convenience Stores For Sale in WA

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Northern Suburbs Mini Mart

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Location:Western Australia

Category:Convenience Stores, Supermarket, Retail

Asking Price:$145,000 PSAV

145000

  • Sales revenue : Undisclosed
  • Net profit : Undisclosed
  • Furniture/Fixtures value : Undisclosed
  • Inventory/Stock value : Undisclosed
  • Northern Suburbs Mini Mart
  • Northern Suburbs Mini Mart
  • Northern Suburbs Mini Mart
  • Northern Suburbs Mini Mart

Business description

This well established and profitable Mini Mart is located on a busy main road with prime shop frontage in the northern suburbs of Perth.

The business services the local community residents, workers, tradies and casual shoppers at the adjacent stores. It provides a range of convenience items including take away foods , tobacco products, cold drinks, cleaning products, dairy products, ice-creams, toiletries and a range of home essentials . There is potential to increase the current turnover by introducing coffee and simple take away hot food , sandwich and cake options. Although there is regular demand , the current owners are not looking to expand the business and so there are currently no coffee or meals prepared on site and offered to customers.

Business strengths include:

  • Established for many years with a loyal local customer base
  • Great location with parking directly in front of the shop
  • Good range of convenience store items
  • Easy business to operate
  • Relatively low stock value
  • Full training provided
  • Long term lease with option
  • Attractive annual rent and low outgoings
  • Security cameras
  • ATM machine outside store
  • POS System

The current owner has run this business for 4 years. After a total of 26 years in retail he has now decided that he wants to retire and to move back overseas. The business is therefore attractively priced for a quick sale.

The landlord is willing to offer the new owner the following lease terms:

  • Initial lease term of 5 years
  • Further option term of 5 years
  • Current rent fixed until January 2023

For further information …..

Other Information

  • Selling Assets: N/A
  • Is Business Relocatable?: NO
  • Is Business Home Based?: No
  • Franchise: N/A
  • Real Estate: Upon Application
  • Expansion: N/A
  • Years Established: 2016
  • Employees: 2
  • Trading Hours: 7 days a week 8am - 8pm
  • Support Training: Yes
  • Reason For Selling: Owner wanting to retire and relocate overseas
  • Lease Terms: Upon Application
Ascend Corporate
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