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Advert ID:18461
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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, ice cream etc.- Large amount of high profit margin items sold i.e. confectionery etc. - bus ticket sales are less than 8%.

 
Sellers Ref: (GT1047)
Location: NSW - Sydney -Lower North Shore
Category: Supermarket
 
Financial summary
Asking Price: $479,000
Sales revenue: Undisclosed
Net profit: Undisclosed
Furniture/Fixtures value: Undisclosed
Inventory/Stock value: Undisclosed
 
Business description
Convenience Store - Franchise - Supermarket - Lower North Shore SBX Business Code: GT1047 Franchise convenience store selling full range of confectionery, pre-packed food, coffee, cigarettes, bus tickets, ice cream etc.- Large amount of high profit margin items sold i.e. confectionery etc. - bus ticket sales are less than 8%. Potential Couple or family operator could double the profit. This store can easily be operated by one person at any time. Features Successful and proven franchise. One of the best and safest locations in Lower North Shore. Well presented store. High profit margins. Premises This business has an area of 50 sq. mts. and includes large shop, huge coolroom, storage, office space and a toilet. Location Situated in prime location in Lower North Shore and surrounded by upmarket commercial offices and residential apartments. Comments Proven franchise model which can be run perfectly under management. Tremendous company support. Every year the net profit is increasing. Approx. franchise fee $ 51,232 (including GST) is additional to the asking price and payable directly to franchisor. Full financials available. Company accepts minimum $45,000 for stock (and remaining amount of stock will be payable to company by instalments if its in excess of such amount). Bank will provide up to 70% of loan which includes goodwill + franchise fees + stock (subject to terms and conditions. http://www.sbx.com.au/record_detail.php?code=GT1047
 
General Information
Employees: 1 fulltime owner + 5 casuals
Trading Hours:7 days - 24 hours
 
Other Information
Realocatable: 1
Reason Selling: Health issues - owner has three other businesses.
Lease Terms: Current lease expires 2013 + another 3 years option available.