Convenience Store in Prime Location on Canberra's Northside with Exceptional Growth Potential!
We are pleased to present an excellent opportunity to acquire an established convenience store strategically located in a busy area of Canberra's Northside. This business has built a steady reputation within the community, boasting consistent revenue, good profit margins, and a well-managed operational structure. Whether you're a seasoned entrepreneur or a first-time business owner, this opportunity promises a smooth transition and significant room for growth.
The store enjoys a prominent physical location that benefits from high pedestrian and vehicular traffic. The store has become a cornerstone of the community, providing a steady stream of repeat customers and strong brand recognition. These loyal patrons appreciate the store's selection of everyday household and grocery essentials, including vegetables, snacks, alcohol, cigarettes, beverages, (including fresh hot coffee), and more, ensuring consistent foot traffic and revenue.
The business has demonstrated stable financial performance, characterised by consistent revenue streams and strong profit margins. It has been expertly managed with a focus on cost-efficiency and excellent customer service, contributing to its solid bottom line. With well-established processes in place, this convenience store is easy to run, making it an ideal venture for both experienced operators and those new to the business.
While the store is already a staple in the community, there are numerous opportunities to further expand the business. Potential growth avenues include becoming a lottery agent, introducing new product lines or services, and offering loyalty programs, for example. The high-traffic location also provides an opportunity to enhance marketing efforts and capture an even larger customer base.
A unique feature of this business opportunity is the inclusion of a two-bedroom apartment with the premises lease. This offers potential living accommodations for the owner or an additional revenue stream if rented out. The convenience of on-site housing adds to the appeal of this investment, especially for those looking to be closely involved in their business operations.
This convenience store is a turnkey operation situated in a prime location with ample opportunity for growth. If you're looking to invest in a high-demand sector with minimal risk and substantial upside potential, this business is the perfect opportunity.
For more information about this great opportunity, please contact Michael Newham of finn Business Sales on 0419 263 014 or email michael.newham@franchisebrokers.com.au
