Convenience Store – Townsville – 69% ROI!

WOW! This well known convenience store would make an owner operator working a standard 40 hour week a return on investment of 69%!! Or…if you decide to continue having the business fully operated by the current employees, you’ll still make an impressive return on investment of 59%!! This is one of the highest ROIs on our books! 

Business Overview
This very popular convenience store has been established in Townsville for over 30 years and owned by the vendors for 11 years. It is located on a busy main road with excellent street frontage. In addition to a wide range of grocery items, the business also sells:

• Cigarettes and tobacco
• Instant scratch its
• Fruit and vegetables
• Hot pies, hot dogs, fresh sandwiches, etc
• Papers
• Magazines
• Greeting cards
• ATM machine

The 158m2 premises have ample parking in front of and to the rear of the building. The exterior has recently had a new paint job and light up signage added.

Staff & Business Hours
This convenience store is fully operated by 13 casual employees. The vendors work a maximum of 4-5 hours a week in the business (banking, stock ordering, etc). The current trading hours are Monday to Sunday from 5.30am – 8.30pm.

Profitability
High levels of profitability are consistently being achieved. The fully managed business had a return on investment of 59% in the 2017 financial year. An owner operator working 40 hours a week in the business would expect a return on investment of at least 69%! .

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

• Very well established store for over 30 years
• Fully operated by experienced employees
• High profile position on a very busy main road
• New signage and exterior paint job
• High net profit being achieved
• Excellent net profit being generated from tobacco sales
• Parking at front and rear of building
• Loyal, repeat customer base
• Easy to operate

Business Price
This convenience store is being sold for $395,000 plus stock at valuation (estimated at $100,000 – $150,000).

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 on susan@beyond2000.com.au