Business For Sale 1 / 1 1, Newport, New South Wales 2106
Business Category Alcohol Liquor Shop
$120000
Description
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
Property Code: 82
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