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Gold Coast Northern End. Turnover $1.5M per annum (excluding GST). Net to 1 owner $155K per annum. Good lease plus a 5 years option. Established over 10 years. Good rent deal.
This business is essentially a franchised convenience store which belongs to the Night Owl group. It has an extensive range of products, which broadly includes; ‘Owl Café’ premium coffee, ‘Frost Bite’ icy soft drinks, ‘The Imposter’, ‘Go Card’, ‘Eat it Fresh’ fruit, ‘$5 Milk & Bread Combos’, ‘youfoodz’ vegetable packs, ‘$6 Food Combos’ in the form of a sausage roll or pie with a soft drink of your choice, the main toiletry and hygiene items, etc. This convenience store is clearly visible by the “Night Owl” fresh orange, white and black logo design with a yellow background.
The store has 180 degrees exposure to the main road and carpark, with large windows fronting the same. Some of the nearby businesses to the premises, include: Euro Car Rental, a Korean restaurant. An Indian restaurant, a Thai restaurant and a Pizzeria. There is ample parking within and around the shopping complex.
The ‘Night Owl’ brand was first franchised during 1987 and the first franchised store was opened at Newfarm QLD in 1988. The history of the concept was the founder foresaw a need for a convenience store which offers traditional grocery items, fresh fruit and vegetables, BBQ chickens and opens 24 hours per day, 7 days per week. The Night Owl group now boasts approximately 70 convenience stores throughout Australia. (NB the photo is a generic photo only & not a photo of the actual business). Great opportunity to get into the supermarket/convenience store business!! Well sought after franchise group!!
Asking $265,000 + SAV + $15,000 Franchise Fee.
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