Cash surplus $347,192 in FY 2022 (Fully Managed by staff with a manager in place).
Amazing turnover and first time on the market in 8 years. Very high foot traffic. Exceptional Profits. High Cash Surplus. High potential to increase sales. A landmark of successful retail trade.
The shop is located right on the main road overlooking a six lane highway, connecting to major motorways.
Business Highlights:
1.High sales performer - Sales for FY 2022 is $2,696,715 excl. GST. The low sales are attributable to the Impact of COVID19 and the subsequent lockdowns, building renovations and reduction in trading hours from 24 hours to 16/17 hours per day. The working hours will resume back to 24/7 once the renovation is completed, very shortly. This will mean a huge jump in sales and profitability, as indicated by the Vendor.
2. A very popular food takeaway operates in the shop with exclusive recent weekly sales of $17,300 approx. and high profit margins.
3. The store caters to the daily needs of over 2,000 apartments in the CBD, thereby assuring a regular influx of customers on a regular basis and is located under a hub of 267 apartments.
4. The shop is fully secured with CCTV cameras operating round the clock for close surveillance.
5. Sells all items of daily essentials such as groceries, cigarettes, energy drinks, Vapes etc.
6. The store has a huge frontage, thereby making display of Items more effective.
7. Comes with four car parks reserved for the owners, and 2 spacious storage rooms.
8. The store has a fully upgraded LOTTO sales system and is an approved LOTTO store outlet.
Opportunity is knocking at your door! Take the step towards success!
Price $1,750,000 + estimated stock value $100,000
For a Confidential discussion call Shaun Khanna on 029 770 9767.
If you would like to receive any further information regarding this sale, please complete our online confidentiality agreement. Copy and paste this link into your browser:www.
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