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Listing ID: 2775748

Business - Supermarket Convenience Store - Sales $9,600 pw - Supermarket - Riverstone For Sale

Sydney, NSW, Australia

$58000

Revenue: not disclosed

Cash Flow: not disclosed

Business Description

Convenience Store - Supermarket - Cafe - North West Sydney
SBX Business Code: SF1432
Convenience store - Cafe selling a full range of groceries, confectionery, cigarettes, cold drinks, chocolates, newspapers, school stationery etc. - Also sells hot food and Barista coffee - 6 seats outside - Full cooking facilities including fryer, 2 freezers, fridge etc. - Shop is fitted with air conditioning, security alarm and cameras. - Council approved for cooking. - Good financials after a meeting

Potential
Open earlier at 6 am and increase coffee sales - Growing community and suburb - Also could add internet stations and ATM machine. - Expand range of items

Features
High profit - Excellent location -Very cheap rent -Very little competition.

Premises
Huge shop with a new fit out and an area of 90 sq. mts. including kitchenette, store room & toilet.

Location
Prime location in a growing area and close to schools with high foot traffic in the North West

Trading Hours
7 days - Mon. - Fri. - 7.30 a.m. to 7.30 p.m. - Sat. & Sun. - 8 a.m. to 7 p.m.

Lease
Current lease expires July, 2021 + 5 year option - 3% increases - 3 month bond

Employees
One fulltime owner + 1 casual

Comments
Misc. - 1 - Other general expenses - This business has great potential and attracts customers from all the nearby schools as well as the local community. - A new two group coffee machine and grinder is fully owned and cost $16K . - Equipment was new in late 2017 and is valued at over $50k and includes a new style modern $15,000 deep fryer which is approved by council and a new slurpy machine. - No outgoings, water or garbage bins. - A must to inspect but please be discreet - Excellent records available after a meeting
Figures
Weekly Sales $9600
Rent (ex GST) $233
Wages $450
Profit $2067


SBX Business Code: SF1432

SBX Business Brokers

Property Details

Other Details

Premise Details:

High profit - Excellent location -Very cheap rent -Very little competition.

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