Summary
Retail street front location close to multiple schools in North Sydney
Rent
$829 pw
Net Profit
$1,500+ pw to a working owner
Price
$70,000 + SAV of approximately $30,000
Location Details
Street front location close to multiple schools in North Sydney
Potential
Owner does not work in the business due to other commitments – significant potential to improve sales to ~$10,000 pw and manage expenses better to achieve profits >$2,500 pw.
Hours
7 days
Weekdays – 7:00AM – 9:30PM
Weekends – 8:00AM – 8:30PM
Lease
Current lease expires July 2026 and has a 5 year option.
Employees
1x manager
2x shop assistants
About the Business
Convenience Store – Supermarket – Tobacconist – Retail – North Sydney
Well presented, local convenience store selling range of drinks, confectionery, ice cream, cigarettes, groceries, slushies and coffee.
Shop features include 5x drink / milk fridges, 2 ice cream freezers, 1 slushie machine, 1 coffee machine (leased), air conditioning and CCTV.
Features
Good location – Very low rent – Repeat customers – Easy to run – Significant potential to improve performance
Premises
Excellent street exposure and an area of approx. 55 sq. mts.
