Foodworks Beaumaris – Exceptional Convenience Store Opportunity
5-7 Keys Road, Beaumaris, Victoria 3193
$300,000 + SAV
Key Features
AI generated. Contact seller to confirm.
- Double frontage to Keys Street with excellent visibility
- Three aisles with floor-to-ceiling refrigerated display units
- Packaged Liquor Licence operating until 10.30pm
- All fixtures and fittings included in sale
- Integrated stock ordering and sales system
- Existing casual staff available to remain
- Rent/Lease: $1,745 per week including GST; 15 years remaining, structured as 5 + 5 + 5 years
- Stock Value: Stock capped at $95,000 for the purchaser
- Established: Operated under management for approximately eight years
Business Details
Business Category
It is fair to say that the FoodWorks in Beaumaris on Keys Street is one of the cleanest, best presented and most well-organised convenience stores you will find in the industry. The owners have maintained exceptionally high standards across all their ventures, and this is clearly reflected throughout the store.
The premises benefit from a double frontage to Keys Street, providing excellent visibility and street presence. Upon entering, the fresh produce section is positioned to the left, with the checkout area to the right. The store features three well-presented aisles, with floor-to-ceiling refrigerated display units running along the external walls, providing an efficient and attractive retail layout. To the rear of the premises are two dedicated storage areas, together with staff/customer toilet facilities. The property also includes a covered car park underneath the premises, with one allocated space for the business, as well as a designated area for trade waste bins.
The business holds a Packaged Liquor License until 10.30pm, allowing for a well-established range of wines and spirits. Cigarettes have previously been sold from the store, although this category has been significantly reduced by the current vendors. There are 15 years remaining on the lease, structured as 5 + 5 + 5 years, with current rent of $1,745 per week including GST. The sale includes all fixtures and fittings, allowing a new operator to take over a fully established and well-equipped convenience store.
The business currently operates under the FoodWorks branding, although it is not a franchised. There is an integrated stock ordering and sales system on site which is very efficient and simple to use. The store has been operated under management for approximately eight years. The vendors have recently resumed operating the business themselves in preparation for its sale, providing a purchaser with the opportunity to take advantage of the existing infrastructure while introducing their own energy and ideas.
There is considerable scope to increase turnover and profitability by introducing additional revenue streams, including: flowers, lottery, home delivery, expanded product lines and other complementary convenience offerings.
The business would be particularly well suited to a working couple looking for a straightforward, manageable retail operation. The store is well laid out, easy to operate and supported by existing casual staff, who are available to remain with the business if required. Full training will be provided, and the business has financial records available to demonstrate the existing level of trade.
The vendors are seeking offers in the region of $300,000 plus stock, with stock capped at $95,000 for the purchaser. This is an exclusively listed convenience store offering a rare combination of an outstanding presentation, long lease, manageable rent, established trade and genuine potential for further growth.
The premises benefit from a double frontage to Keys Street, providing excellent visibility and street presence. Upon entering, the fresh produce section is positioned to the left, with the checkout area to the right. The store features three well-presented aisles, with floor-to-ceiling refrigerated display units running along the external walls, providing an efficient and attractive retail layout. To the rear of the premises are two dedicated storage areas, together with staff/customer toilet facilities. The property also includes a covered car park underneath the premises, with one allocated space for the business, as well as a designated area for trade waste bins.
The business holds a Packaged Liquor License until 10.30pm, allowing for a well-established range of wines and spirits. Cigarettes have previously been sold from the store, although this category has been significantly reduced by the current vendors. There are 15 years remaining on the lease, structured as 5 + 5 + 5 years, with current rent of $1,745 per week including GST. The sale includes all fixtures and fittings, allowing a new operator to take over a fully established and well-equipped convenience store.
The business currently operates under the FoodWorks branding, although it is not a franchised. There is an integrated stock ordering and sales system on site which is very efficient and simple to use. The store has been operated under management for approximately eight years. The vendors have recently resumed operating the business themselves in preparation for its sale, providing a purchaser with the opportunity to take advantage of the existing infrastructure while introducing their own energy and ideas.
There is considerable scope to increase turnover and profitability by introducing additional revenue streams, including: flowers, lottery, home delivery, expanded product lines and other complementary convenience offerings.
The business would be particularly well suited to a working couple looking for a straightforward, manageable retail operation. The store is well laid out, easy to operate and supported by existing casual staff, who are available to remain with the business if required. Full training will be provided, and the business has financial records available to demonstrate the existing level of trade.
The vendors are seeking offers in the region of $300,000 plus stock, with stock capped at $95,000 for the purchaser. This is an exclusively listed convenience store offering a rare combination of an outstanding presentation, long lease, manageable rent, established trade and genuine potential for further growth.
