Convenience Store - Takeaway - Supermarket - Convenience - Sales $15,100 pw -Bronte- Supermarket - Profit $3,643 pw - Bronte - SF1506A

Industry: Professional - All, Professional - Brokerage, Professional - All, Professional - Brokerage | Listed by: SBX Business Brokers


Key Strengths:


About the business

Convenience Store - Takeaway - Supermarket - Eastern Suburbs - Agent SBX Code Number: SF1506A

Convenience store selling groceries, confectionery, soft drinks, newspapers, ice cream as well as fresh sandwiches, deli items, muffins, fruit and fresh flowers. - Also sells coffee and a two group coffee machine is fully owned .

Potential
Try to put the new coffee machine at the front window entrance for quick service and update the shop - Do some local marketing and advertising - Add cigarettes - Add Opal cards - Lots of potential to increase fruit and veg

Features
Good clientele and regular customers - Great location - Easy to run - High profit margins - Solid Business

Premises
Convenience shop with store room, back entrance and an area of 100 sq. mts.

Location
Situated on a busy street in a high density residential area close to local schools and an Eastern Suburbs beach.

Trading Hours
7 days - 7 a.m. till 8 p.m.

Lease
Current lease expires June, 2021 (new 3 + 3 year lease should be available) - C.P.I. increases - 3 month bond

Employees
1 owner + 2 casuals

Comments
Miscell.-1 - Other general expenses. - A new two group coffee machine is fully owned and ready to increase coffee sales. - Small business but profitable - Invoices available after meeting Lots of popular cafes and restaurants nearby - A must to inspect - First time on the market.

Figures
Weekly Sales $15100
Rent (ex GST) $1567
Wages $1000
Profit $3643


Agent SBX Code Number: SF1506A - SBX Business Brokers
Know someone that could be interested in this?
Asking Price:
$98,000
Yearly Profit :

----


Country

Australia

State

New South Wales

Suburb

----


Postcode

2024

Locality

----

Established on
1988

Revenue

----

EBITDA

----

No. of employees

----

Lease period

----


Stock

----


Contact Details Verified

EmailEmail Address

Email Broker Verified

Advertiser Details
Company Logo
New South Wales
Australia
Thinking of buying this business?

Buying a business is a big deal! It can open up a new chapter in your life, expand your growing business base or fulfill that dream you’ve always had. So before you make that offer, there’s a few things you should consider to determine whether or not this business is right for you. In a nutshell these include:

  • Ensure the seller is 100% verified by us
  • Can you afford it? Do you need financing to assist with the purchase?
  • Have you done enough research - industry analysis, competitors, revenue and so on
  • Ask the seller some questions - reasons behind the sale, will they be providing customer/supplier databases, what assets other than the physical business will be including (marketing materials etc), are their tax records and financial statements up to date and verified etc
  • Make sure it’s the right business for you!

In a nutshell, a business owner will ask you to sign an NDA before a deal can commence. This allows the business owner to keep certain information confidential, including client lists, employee information, intellectual property, trade secrets, pricing structures and so on, in case a deal cannot be met. Typically, NDAs are often mutual - meaning, just as you're agreeing to keeping the seller's business information confidential, the seller must also offer that same level of confidentiality to keep your information private.

Another thing to look out for is non-solicit provisions. If a seller has this clause in their NDA, you are prohibited from soliciting any of their clients or employees for yourself or your company for around 1-2 years.

Once you have submitted an enquiry to the seller, the seller can invite you to view confidential information about the listing after signing an NDA in order to conduct your due diligence. Once satisfied, you can make an offer directly to the seller in the Deal Room where a transaction can be done. Here you can also invite any advisors, brokers or lawyers you may have to help make the deal happen. You can even enlist Eden’s personal network of buying professionals to assist you with the entire buying process.

From start to finish, the entire business transaction can be done through the Eden Exchange platform.

Need finance support?

We offer tailored financing options that work for you to get the deal done.

Free business valuation

Know if you're paying too much for this business or if it’s right on the money.

success

Success!

Form has been submitted successfully and a representative will get touch with you