Newcastle NSW, ID 160393
Operating hours are Monday to Friday from 6:00 am to 9:00 pm and Saturday to Sunday from 7:00 am to 8:00 pm. Fuel types available include Unleaded 91, E10, and Diesel. The convenience store is well-presented, offering everyday essentials and snacks. The business is located on a high-exposure corner site with strong passing traffic. The head lease term is eight years. This profitable and easy-to-manage business is ideal for an owner-operator. Its high-visibility corner location in a busy suburb is surrounded by schools and residential areas. The secure eight-year head lease provides stability and confidence. There is strong growth potential through expanding convenience offerings and targeted local marketing. Financial details include revenue of over $2.5 million, with an annual net profit before taxes of approximately $135,000 if owner-operated. Rent is $9,400 plus GST per month. The cost to acquire the business is $540,000 plus stock at value. Errors and omissions excepted. Photos in the listing may be stock images and not of the actual business or property. Business details are confidential and only available on acceptance of the Confidentiality Deed. Purchasers are responsible for their own due diligence and should not rely on statements or warranties made by the vendor or anyone else on their behalf.
