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Local Convenience Store In Northern Canberra For Sale

Canberra, Australian Capital Territory, Australia
Asking Price:
$100K - $250K (AUD) Furniture / Fixtures included
Sales Revenue:
$250K - $500K (AUD)
Cash Flow:
$100K - $250K (AUD)

Opportunity with Good Diverse Income Streams and Residence. The leased property includes a 2-bedroom residence, storage space, and general store, spread across the two-story building in north Canberra.
This Convenience store stocks a broad range of dry goods, frozen, dairy and grocery plus confectionery products. But top revenue is generated due to Café, the licensed Liquor and Tobacco store.

The commercial building is approximately 500sq metres, made up of 230sq metres of retail space, 170sq metres of the apartment on the first floor and 80sq metres currently used for goods receiving and there is a cool room on each floor of the store. The store and office areas have been extensively renovated including rewiring,
The store has great potential to expand into a supermarket by adding more grocery products and introducing vegetables. Our customers ask for it and there is a great demand. Takeaway foods can be a good source of income when sold as an evening snack or for late-night dinners. Converting to a tobacco station or liquor store is another option as there is no tobacconist nearby. The large space available can be utilized effectively with new ideas.

The business is suitable for first owners as it is a good start and exposure to learn easily with our established procedure and rules for managing the business and for couples, partners, and single owners looking for flexible working hours or as a second source of income.
Don't miss out on this opportunity. The store has classic appeal, reasonable weekly rent and is on a long lease. With High-profit margins Asking price is $120,000 plus stock.

The business has fantastic potential, being in a high-growth area. Now selling due to upgrading to Manufacturing business. A rare opportunity on offer get in on it now!

For more information, please contact us by using the form below.

Property Information

Real Estate:

Lease

Lease Terms:

3 Years + 10 Years

Leasehold Rent:

$82,620 (AUD) per annum

Living Accommodation:

2 bed flat on top of the business

Location:

Prime street location exposed to a high flow of traffic.

Premises Details:

Opposite to medical centre and Child care. The parking lot is full in the business hours.

Business Operation

Expansion Potential:

The store was previously operated as a supermarket and takeaway shop. unlimited option available for changing business model

Competition / Market:

There is no shop in 4 km range from shop which can impact the sell.

Reasons for selling:

The owner is starting a manufacturing business

Trading hours:

Mon-Sat (New Owner can change the operation to Monday-Sunday. Permission to run the business from 6AM to 11 PM

Employees:
3
Years established:
Current owner holding the business from 3 years

Other Information

Support & training:

We can offer operational training, and Gap Solution Pos training. Cafe training.

Furniture / Fixtures value:
$80,000 (AUD) - included in the asking price
Inventory / Stock value:
$40,000 (AUD)

Contact Seller

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