Franchises

Convenience Store, Gold Lotto & Tobacconist. #303762

Convenience Store, Gold Lotto & Tobacconist. Regional Classification. Between Brisbane & Gold Coast.
Est. 55 yrs! UNDER CONTRACT!

Details

This well-established business has been run by the current owner for 33 years! It is now primarily run by excellent staff with the owner only working approximately 20 hrs. per week.

Open only 6 days from 6.30am to 6pm Monday to Friday with a 5.30pm close on Saturday. Closed Sunday but opportunity to open.

This is a rare opportunity to acquire a business that is well established with a loyal client base and first time offered for sale in 33 years!

Owner states nett for this financial year is expected to be over $400,000.00 under management.

Excellent main road location with plenty of parking for 8 cars on site as well as street parking. Well-trained and dedicated staff in place.

Revenue stream from Grocery sales, Gold Lotto, Gifts & Tobacco products.

Nothing to spend as fully renovated a few years ago at a cost of $500,000.00. Fully air-conditioned store. Includes a huge storage area, separate staff kitchen, cold room etc.

Option to also rent a 3-bederoom home next door for $650.00 per week.

Reason for Sale:

Genuine sale – same owner for 33 years and needs a break!

Overview

Owner states turnover: Approx. $35,000.00 per week & increasing.

Rent: Only $1,999.99 + GST per week + Outs.

Lease: New 5 + 5 lease available.

Price: Reduced – $650,000 + SAV (All reasonable offers considered!). 

Code: 303762

Broker Comments

This business is located between Brisbane and the Gold Coast with the owner advising it has a “Regional Classification” and may suit a Business Visa Buyer.

Truly a gem. All systems are in place. Take over & start making money from day one!

For more information on this business,
please read our Confidentiality Agreement & Disclaimer
complete and submit the form below, and we will contact you with further details on this opportunity.

Disclaimer: Interbiz Business Brokers recommends that any decisions made on the basis of this listing’s content and projections should be made only after validating the conclusions set out here with an Accountant, Financial Planner or a qualified Tax Advisor, and on the basis of commercial judgement. Interbiz Business Brokers is in no way responsible for the accuracy of the information or projections contained herein and is in no way liable for any loss or damage arising from decisions made on the basis of this advertisement.

Vimal Dhaliwal

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Vimal Dhaliwal

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