Price
$275,000
Profit *
$245,000
Sales Revenue
Refer to Broker
Location
Hume, Sunbury
Category
Food/Hospitality, Convenience Store
Listing #
ME03411
Presented is a unique opportunity to acquire a well-established and thriving 2-in-1 convenience store and florist in the heart of Sunbury. Serving a loyal customer base, the business combines everyday retail, coffee, takeaway food, and fresh floral sales, generating consistent weekly revenue and strong monthly profits. With a long secure lease, low staffing requirements, and extensive equipment already in place, this business is ideal for an owner operator looking for a turnkey operation with immediate income.
Situated on a vibrant local shopping strip surrounded by complementary businesses and close to key community amenities, it enjoys excellent street exposure, approximately 25 customer parking spaces out front and 4 staff bays at the rear.
Potential:
*Adding a Tobacconist offers major growth potential, historically capable of doubling revenue. Provision is in place to introduce tobacco sales
*Capitalize on the high demand for Tatts Lotto by adding it, noting that the nearest outlet is 2km away.
*Further upside through added product lines such as fresh fruit juice and ice cream bar
Key Features:
*Diversified income from flowers, coffee, takeaway food, and grocery lines with flowers alone averaging $5,000 per week in sales
*Net profit (SDE) of $245,000 per annum
*Large premises of approximately 200 sqm
*Two rear rooms plus kitchen, shower and toilet facilities
*Fully secured with external metal shutters and cameras
*Extensive equipment including 7-door cool room and near-new air conditioning
*ATM installed and serviced by landlord
*Long lease in place (5+5+5+5+5 from July 2016) with CPI increases
*Rent $68,727 per annum plus GST
*Low staff wages with simple owner-operator model
*Could be suitable for visa purposes
Contact Sanjay today to arrange an inspection!
Listing ID: ME03411
Broker: Sanjay Agrawal
Phone: 0402 023 502
Email: [email protected]
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*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.
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