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Convenience Store business for sale in Newport

  • Convenience Store
  • 1/1 1 Newport NSW 2106
  • $120,000 (GST na)

For Sale: Busy Convenience Store in Prime Beachfront Location

About the Business

Dreaming of being your own boss? This is your chance to own a well-established convenience store situated in a prime beachfront location, surrounded by breathtaking views and endless opportunities.

Key Features:

Prime Beachfront Location: A rare and sought-after spot that attracts both locals and tourists year-round.

High Foot-Traffic: Enjoy consistent customer flow from beachgoers, residents, and tourists.

Growth Potential: Positioned next to an active construction site with a future residential complex, promising a surge in customers upon completion.

Be Your Own Boss: Take control of your future with a turnkey operation that's ready to go.

Opportunities to Expand: Boost revenue by applying for a lottery license or expanding the fresh & health product range to meet the growing demand.

Well-Known Branding: Benefit from established visibility and a strong customer base.

This store is perfectly poised for continued success with opportunities to grow further as the area develops. Whether you're an experienced operator or new to business ownership, this is a rare opportunity you don't want to miss!

Trading Hours
Sunday Wednesday: 7:00AM 11:00PM, Thursday Saturday: 7:00AM 12:00AM.

Income
FY2023 Sales generated $650,000 with weekly average sales of $12,500.

Last summer period (December, January & February) the sales were more than $250,000.

Employee
4 x Part time.

Lease

Current Monthly Rent: $10,400 + GST with no Outgoings.

Lease commenced on 03/12/2023 and expires on 02/12/2026 with Renew Option: 3 Years.

The Lease has fixed 4% annual rent review and requires Security Deposit of 4 Months' Rent + GST.

List Price

$120,000 + SAV

Sinosmart Business Brokering
Sinosmart Business Brokering
Suite 607, Level 6, 109 Pitt St,
Sydney, NSW 2000

Business Highlights

Business ID2018861611
Floor AreaAsk Business Broker
Category
Last updated  19 Dec 2024
Map for 1/1 1 Newport NSW 2106
Map for 1/1 1 Newport NSW 21061/1 1 Newport NSW 2106
Inspections
Documents
Sinosmart Business Brokering
Sinosmart Business Brokering
Suite 607, Level 6, 109 Pitt St,
Sydney, NSW 2000

Business Highlights

Business ID2018861611
Floor AreaAsk Business Broker
Category
Last updated  19 Dec 2024

Co-Brokers

Sinosmart Business Brokering
Call
0452266168
Sinosmart Business Brokering
Call
0478824168

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