Long Established, 30 Years, Convenience Store

Description

It was almost 30 years ago when this business started operation, while the current owners have been in charge for 21 years.With this long history, they have a very stable and loyal customer base.They provide groceries for daily use plus cigarettes for residents in the surrounding area.A new business owner has an opportunity to increase profit by selling lotteries and offering hot foods prepared at the shop.Opening hours:7 days per weekMonday to Friday: 7am to 7pmSaturday: 7am to 6pmSunday: 8am to 6pmKey points:Lease: Current to 31 August 2027 with option of 1 x 5 yearsMonthly rent (October 2025): $6,367.77 including GST. Annual increase CPI or 4%Staffing: Two business owners only workRoof solar panel system: 13kW installed and fully paidSales for financial year 2025: $540,000Net profit before income tax for financial year 2025: $116,000Price: $80,000 (SAV approximately $50,000)