Managed Convenience Store in Mackay
Deactive Deactive Deactive
Category Businesses
Reference 6606
Approx Location Central Qld
Asking Price $260,000
Turn Over 1356519
Nett 71993
Sav Not Available
Description:
* Situated in a large residential area; * Large Public School virtually next store * THE BUSINESS IS FULLY MANAGED * Gross Rent is about 3%; * New Lease with a option on offer; * Limited competition in the area; * Located among a strip of shops with plenty of parking; The business has been established for a long time some 25 years with the current owners owning it since 2004 and operating it under management. This is a hassle free shop to own. The well-trained staff (many have worked at the store for 12 years) are always keen to offer assistance should it be needed and continually maintain a good level of stock and high level of cleanliness in the store. The current staff operate the business and a employed book keeper does the daily paperwork, payroll, Bas and looks after the paying of bills. The store is an ideal investment in a high cash flow business with a secure income. This vibrant business is situated in an affluent suburb, in a very convenient smaller shopping centre with off-street parking and quality complimentary businesses. It has matched the local demographics with a range and stock that targets the locals with both quality and handy items. The business has a large loyal customer base attached to the convenience and friendly service. Fully equipped with a quality fit-out including a large amount of display refrigeration/freezers, cold rooms. Turnover $26,000 plus per week and good profits; Adjusted Net Profit of $71,993 average per year over the last 4 years; Long lease available equals a solid long term business; A great business with great returns.