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Freehold Take - Away, Convenience Store & Residence
Location Australia
Asking Price Range $250K - $500K
Gross Revenues $330000
Net Profit / Cash Flow $330000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1988
Number of Employees 1 - 3
Inventory 25000
Relocatable No
Number of Employees 1 - 3
Real Estate Owned
Training Training can be provided
Reason for Sale Retirement
Description BUSINESS, RESIDENCE & LIFESTYLE.
The business has been operating for over 20 years now, and the current owners have been operating it for the past 13 years.
It currently operates as a convenience store / Take-Away Food outlet also with fuel sales, and is situated on Keera Street, directly across the road from the Sporting Club, Golf Course, Tennis & Squash Courts and Lawn Bowls Greens, Just up the road is the Horse Riding School which attracts a large number of tourists and at the other end of the street is the local Bingara race Track & Showground. It is also just down the road from the local school.
The business at present sells a wide range of Groceries, Fishing Tackle, Camping necessities, Petrol, Diesel, Gas Bottle Swaps, DVD Hire, Cold Drinks, Ice Creams, Hot Take-Away Food . Especially known in town and from travelers passing through for the delicious home made pies.
Bingara Little Store also acts as a Sub-News agency and has a motorized golf cart which is rented out to the public.
There is also a garage attached to the property which is currently only used for storage. The garage has a hydraulic hoist and plenty of space to utilise the garage and increase the turnover of the business. At present there is no full time reliable mechanic in town.
The residence is attached to the store and consists of 2 bedrooms, a large open plan lounge area, two bathrooms and a new modern kitchen and dining area. The laundry opens to a very spacious back yard with plenty of room for the kids or for a pool.
The business has shown a steady increase in turnover since the current owners began running the store in 1998. Currently it is showing a turnover of $330,000 per annum
Asking price of $380,000 WI-WO. This is the current property value alone, so you are getting the business, lifestyle and huge growth potential for free.
Call Geoff on 0418 465575 or Errol on 02 67241910
Click Here To Contact Seller
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