Randwick, New South Wales 2031

Busy Convenience Tobacconist Next To Station, Inner Sydney

For Sale | $380,000

Convenience Store

Very busy convenience store next railway station, under residential apartments and continuous foot traffic.

Opening hours 5.30AM to 9PM. Saturday 6.30PAM to 9PM and Sunday 10AM to 8PM.

Currently Under Management, but owner operated will make more.


ATM on site.

Continuous foot traffic.

All equipment in place and working fine.

Week days are busy.

Railway station, hence busy area.

Convenience store and tobacconist.

No Competition.

Employees would stay back.

Lease for 5 years plus 5 years.


Weekly revenue over $25,000 to $26000.

Rent is Just $1175/week.

GP: 22%

Full training and pass on all contracts to new purchaser.

Very good opportunity for owner operated, asking price is $380,000 plus SAV.

Weekly net profit for owner approximately $3000 (under management).


Can add Lotto, as no Lotto around.

Can add hot foods.

Can add photocopy and printer.

Can add money transfers.

Can add canned meat and fish currently none and customer demanding for it.

Before Covid-19 revenue was $40,000/week

Cost to Acquire the business.

$380,000.00 Business.

$15,275.00 Rental Bond (3 months).

$one month rent in advance $5087.

Stock at valuation: $60,000 plus or Minus 10%

Please Contact:

Broker: Gilraj Venkatappa.

Phone: 0401744199

Email: gilraj.venkatappa@linkbusiness.com.au

Listing Number: NSW09633

To complete an online confidentiality agreement, visit this business at: http://www.linkbusiness.com.au/businesses-for-sale/ca/NSW09633

The Purchaser to make his/her own investigations and inquiries in relation to the business and not to rely upon warranty or statement made by the vendor or by anyone on his/her behalf.
Ref: NSW09633
Timestamp: 20201004020038



Gilraj Venkatappa

Marketing By

Gilraj Venkatappa

LINK Sydney


This Convenience Store Business is one of 33 businesses for sale in Waterloo, New South Wales, and one of 10 Convenience Store Businesses in this region that a business for sale currently has on offer. This Convenience Store Business is for sale in Waterloo for the asking price of $380,000 and has been marketed for a while and is definitely worth another look as it is sure to be snapped up soon..