Convenience Store- Under Management-Cigarettes - Convenient store Lower Nth Shore - Residence attached - Nets $2,700 pw. - GN1375

Convenience Store- Under Management-Cigarettes - Lower North Shore - Agent SBX Code Number: GN1375

Branded convenience store under management - selling range of drinks, confectionery, cigarettes, groceries, toiletries and some pharmaceuticals.

Potential
To add opal cards - bus cards - ATM - takeaway coffee - delivery service.- would suit 2 owners and save on wages

Features
Prime position with heavy foot traffic.- Under management - One bedroom residence included in rent.

Premises
Approximately 30m2 with separate store room.

Location
Ideally situated in the heart of a village on the lower North Shore.

Trading Hours
7 days - 7 am to 10 pm.

Lease
5 year lease commenced 01/07/2021 plus 5 year option. $13,000 bank guarante CPI annual increase.

Employees
One Manager - 3 casuals.

Comments
The business is currently fully managed, and the manager is paid $1,312 per week. If the new owner chooses to run it themselves, they could save this amount in wages.Theres also a self-contained one-bedroom unit above the shop with a separate entrance. It is currently rented out for $500 per week, which effectively reduces the businesss weekly rent to $813.

Figures
Weekly Sales $14653
Rent (ex GST) $1060
Wages $2250
Profit $4036

Agent SBX Code Number: GN1375 - SBX Business Brokers

For more details, please email broker or call agents.