XKR1010 - Top location - Low rent - High profit - Convenience Store

Convenience store selling a large number of cigarettes, newspapers, magazines, stationery, phone cards, opal cards, etc. as well as a large assortment of drinks, groceries, confectionery, ice cream, and also offering printing and internet. Situated on the main street in a high-density residential area in a very busy local community. The well-presented shop which includes a storage room and a bathroom and a total area of 80 sq. mts. The newsagency next door is closing down and the Lotto is going to be transferred to this convenience store. Could add juice, coffee or milk tea to increase the turnover. Lots of new developments in this growing residential area. The business is still solid on the impact of coronavirus. The sales keep increasing. It would suit a full-time owner or couple.  


- Great location with lots of new developments
- Low rent
- Easy operation
- High-profit margins 
- Soon to include Lotto.


Business  Hours
7 days - Mon. - Sun. - 6:00 a.m.-12:30 a.m.


New 4 + 4-year lease commenced Jan. 2020 - 3% increases per year - 6 months bond


1 owner ( 2 days a week) + 4 - 5 part-timers


Annual Figures
Sales  $1,300,000
Cost   $750,000
Rent  $87,300 +GST
Wages  $115,000
Net Profit $300,000
Stock  $60,000

XKR1010 - Top location - Low rent - High profit - Convenience Store

  • Figure Display Type   Regular
    Weekly Takings   $25,000
    Cost of Goods $14,500
    Gross Profit $10,500
    Rent (ex GST) $1,369
    Outgoings $80
    Wages $2,000
    Telephone $30
    Insurance $26
    Electricity $350
    Gas $
    Misc 1 $
    Misc 2 $
    Total Expenses $3,855
    Nett Profit $6,645



    Estimated Stock (additional)



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Suite 302, 7 Railway St, Chatswood  - New South Wales - Australia  - COMPANY INTRANET