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Convenience Store in Operation Over 10 Years

Brisbane Region, QLD, ID 197471

Convenience Store in Operation Over 10 Years 1
Convenience Store in Operation Over 10 Years 1
Asking price:
AUD $150 000
Net profit (per year): $113 000 aud
Sales Revenue: $1 205 000 aud
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Description

This business system was introduced to Australia in 1956. The system, using a buying group on behalf of all member shops, provides very competitive prices to all customers. Benefits offered by this system include advertising support, retail support, brand benefits, and buying power. The business operates 7 days per week, from 6:30 am to 7:00 pm. This shop is managed by just two business owners with one trainee. The location of the shop is among rapidly expanding residential development areas, which offers strong future business growth potential. Key points: Size of shop: 380 m2 Lease: Current to 31 October 2026 with option of 1 x 8 years Monthly rent: $8,633.46 including GST Monthly outgoings: $1,815.33 including GST Sales for the first 3 quarters of the 2022 financial year: $1,205,000 Net profit for the first 3 quarters of the 2022 financial year: $113,000 Asking price: $150,000 plus SAV (estimated $70,000)

Details

Real Estate: Lease
Square m2: 380
Asking price: 150 000 aud
Net profit (per year): 113 000 aud
Sales Revenue: 1 205 000 aud
Rent (per year): 104 596 aud

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