Balaclava Friendly Convenience Store – Cairns

AU$139,000
January 23, 2019

Description

Business Overview
Balaclava Friendly Store is an iconic business located at 78 Balaclava Road, Earlville, Cairns. The business has been operating for over 50 years and owned by the current vendor for 8 years.

This is your chance to create a lifestyle you have always dreamed of. Not only will you form an integral part of the local community, if you choose to live in the attached 3 bedroom, 1 bathroom house, your living expenses will reduce to an absolute minimum as most are paid through the business itself (rent, electricity, phone, internet, groceries, etc).

Owning this store is much more than just selling milk and bread. Friendships and relationships are formed and you’ll soon be invited to weddings, birthdays, events and the odd funeral. The vendor has done an impressive job of introducing a coffee culture to the store which is unique to the area and uses the highest grade beans from a local roaster.

New Sunrise Group
Balaclava Friendly Store is a member of the New Sunrise buying Group which ensures best pricing with suppliers, planograms that work and have been tested as best practice in the marketplace. Ongoing support and direct access to the top of the supplier chain is crucial when running a small business and the New Sunrise Group is brilliant. Whilst maintaining their own flavour of convenience, New Sunrise Group form the backbone and support when you need them.

Refurbishment
The business premises underwent a refurbishment only 18 months ago which included new front counter, fridges, flooring, internal signage, upgrading till system, and coffee machine.

Employees & Opening Hours
In addition to the vendor who works full time, Balaclava Friendly Store currently employs the following team members:

  • 1 x full time junior
  • 1 x casual senior
  • 4 x casual juniors

A new owner has the option to either keep the same employee structure or save in wages and operate the business with the assistance of 1-2 juniors on the weekends and nights.

The current trading hours are Monday to Saturday from 5.30am – 8.00pm and Sunday from 6.30am – 7.00pm.

Areas of Competitive Edge
Many areas of competitive edge exist including:

  • Very well established business for over 50 years
  • Rental includes 3 bedroom house attached to business premises
  • Great location in Earlville
  • Australia Post box at front of business
  • Perfect business for a couple or family
  • Good levels of profitability are being achieved
  • Huge savings in personal living expenses
  • Member of New Sunrise buying Group
  • Popular coffee culture has been established
  • Well established loyalty program with 450 customers
  • There is room to expand the business
  • Good repeat and loyal customer base

Business Price
Balaclava Friendly Store is being sold for $139,000 plus stock at valuation (estimated at $20,000).

Contact
To receive a Sale Proposal, please complete our online Confidentiality Agreement form at www.beyond2000.com.au/confidentiality-agreement. Once we receive your details, we will email you the Sale Proposal for this business. Alternatively, contact:

  • Susan  Butler – 0419 905 463 or susan@beyond2000.com.au
  • Margaret Butler – 0419 664 349 or margaret@beyond2000.com.au

Location