High performing convenience store for sale: Brisbane North

Description

Business type: convenience store, lotto and food retail

Location: Brisbane, Queensland

Trading history: more than 15 years

Annual turnover: approximately $1.7 million

Asking price: $350,000 plus stock at value

Business overview

Established convenience retail business operating under a major national brand.

Customer base: loyal

Brand support: established

Revenue streams: diversified

Location

Position: major arterial road

Shopping centre: busy neighbourhood centre

Residential growth: strong

Visibility: high

Customer parking: ample

Floor area: approximately 174 sqm

Nearby tenants

• BWS
• Liquorland
• Anytime Fitness
• Subway

Revenue streams

• Convenience retail
• Fresh groceries
• Lotto
• Tobacco
• ATM income
• Hot food
• Online delivery sales

Lotto

Lotto licence: in place

Service area: Enoggera, Alderley and Ashgrove

Lottery income: established

Food and delivery

Owl Cafe hot food offering: established

Uber Eats: active

Uber Grocery Services: active

DoorDash: active

Ben & Jerry’s delivery: active

Pete’s Ice Cream delivery: active

Customers

Local customer base: established

Repeat trade: strong

Nearby army barracks clientele: established

Foot traffic: consistent

Plant and equipment

Plant and equipment value: approximately $200,000

Fitout: included

Operating equipment: included

Turnkey setup: in place

Brand support

National brand network: established

Marketing support: available

Training support: available

Buyer profile

Owner-operator: suitable

Investor: suitable

Retail operator: suitable

Sale

Asking price: $350,000 plus stock at value

Price negotiation: available

Opportunity

Established convenience retail operation.

Multiple income streams.

National brand support in place.

Further growth potential: available.