Edison Street Mini Mart – Wulguru
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