Edison Street Mini Mart – Wulguru

AU$70,000
May 15, 2019

Description

Business Overview
Edison Street Mini Mart is an iconic convenience store located at 37 Edison Street, Wulguru, Townsville. The business has been established for 30+ years and owned by the vendor for over 3 years.

The mini mart is located on a busy main road in a complex of quality shops and offers a wide variety of merchandise including:

  • Cigarettes
  • Instant Scratch-Its
  • Groceries
  • Coffee machine
  • Greeting cards and stationery
  • Newspapers and magazines
  • Frozen goods
  • Confectionery
  • Gifts
  • Hot pies
  • Fruit & Vegetables

Over the last 3 years, the vendor has undertaken many improvements including:

  • High definition CCTV 4K security system with 12 cameras
  • Digital till
  • Front signage (light box) being installed in late May 2019

Employees
The vendor works full time in the business and employs:

  • 1 casual for 30 hours per week
  • 1 junior for 18 – 20 hours per week

Sales
The business is currently doing between $15,000 – $16,000 in sales a week, with some weeks achieving closer to $20,000.

Price
Edison Street Mini Mart is being sold for $70,000 plus stock at valuation (valued at $40,000). Most of this stock is cigarettes and the vendor is happy to negotiate the stock level to suit the buyer.

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