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Advert ID:18549
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Business for sale in NSW , Sydney
Sydney Business Exchange
Broker Details: Sydney Business Exchange
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Franchise convenience store selling full range of confectionery, pre-packed food, coffee, cigarettes, bus tickets, drinks, ice cream, lotto etc. Turnover and net profit constantly increasing. High profit margin items ie cold drinks,

 
Sellers Ref: (GT1050)
Location: NSW - Sydney -West
Category: Supermarket
 
Financial summary
Asking Price: $179,000
Sales revenue: Undisclosed
Net profit: Undisclosed
Furniture/Fixtures value: Undisclosed
Inventory/Stock value: Undisclosed
 
Business description
Convenience Store - Franchise - Supermarket - West SBX Business Code: GT1050 Franchise convenience store selling full range of confectionery, pre-packed food, coffee, cigarettes, bus tickets, drinks, ice cream, lotto etc. Turnover and net profit constantly increasing. High profit margin items ie cold drinks, ice cream, Slurpees etc. Potential Waiting for right operator to capitalise on its uncapped business potential. More than 350 new units are under constructions nearby. Features Location....Location...Location. Prime location on busy main road. First time offered. Constant high turnover and net profit. Very secure business. Easy to run under full management. Premises Well maintained large store with an area of 60 sq. mts. + coolroom, storage, office + toilet. Location Situated on very busy main road in Western Sydney close to major train station and surrounded by commercial,units and shops. Comments Proven franchise model which can be run perfectly under management. Tremendous company support. Every year the net profit is increasing. Approx. franchise fee $ 30,474 (including GST) is additional to the asking price and payable directly to franchisor. Company keeps 57% of gross profit and pays owner 43%. Company accepts minimum $45,000 for stock (and remaining amount of stock will be payable to company by installments if its in excess of such amount). Full financials available. http://www.sbx.com.au/record_detail.php?code=GT1050
 
General Information
Employees: 2 fulltime owners and 2 casuals
Trading Hours:24 hours - 7 days
 
Other Information
Realocatable: 1
Reason Selling: Owner retiring.
Lease Terms: Lease until 2015 and another 5 + 5 years of option available.