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Convenience Stores For Sale in Glebe Sydney NSW

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Tobacconist - Convenience Store - Retail - Tobacconist - Sales $29,000 Pw - Convenience Store - Retail - City Fringe

Location:Glebe, Sydney, New South Wales

Category:Convenience Stores

Asking Price:$148,000

148000

  • Sales revenue : Undisclosed
  • Net profit : Undisclosed
  • Furniture/Fixtures value : Undisclosed
  • Inventory/Stock value : Undisclosed
  • Tobacconist  -   Convenience Store  -  Retail - Tobacconist  - Sales $29,000 Pw -  Convenience Store  -  Retail - City Fringe

Business description

Tobacconist - Convenience Store - Retail - City Fringe - Agent SBX Code Number: SFLA1001SF

Convenience store - tobacconist selling cigarettes, ice cream, snacks, sweets, drinks, sunglasses, cards, postcards, stationery items, gift-ware. - Also sells coffee, with potential to increase. - Retail sales of cigarettes approx. $20K p.w. - ATM. - Also Has $8,000 p.w. from wholesale sales

Potential
Possibly add lotto, (STA) - Increase wholesale sales to local convenience stores - Add further lines, including flowers and money transfer

Features
Good location - Very little competition -Easy to run - Loyal customer base -High foot traffic

Premises
The business has an area of approx. 90 sq. mts. and includes storage area and bathroom.

Location
Situated on main road in a busy retail precinct close to major University in the City fringe.

Trading Hours
7 days - Mon. - Wed. - 8 a.m. to 8 p.m.- Thurs. -Sat. - 8 a.m.-10 p.m.

Lease
Current lease expires August, 2020 - 3 year option - 3% fixed increases - 2 month bond.

Employees
1 fulltime owner ( works Mon.-Fri. ) + 1 casual ( works Sat. and Sun.)

Comments
Misc. 1 - Other general expenses plus GST - Monthly POS reports to be supplied after meeting with the vendor. - A must to inspect and priced to sell.

Figures
Weekly Sales $29000
Rent (ex GST) $1048
Wages $660
Profit $2714


Agent SBX Code Number: SFLA1001SF - SBX Business Brokers

Other Information

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