We are delighted to present this well-established convenience store located in the heart of Matraville. Renowned for its trustworthiness and popularity among the local community, this store offers an excellent opportunity for both first-time entrepreneurs and seasoned business operators to step into a profitable and well-functioning retail business.
The store spans approximately 170 square meters and is strategically situated in a prime location with high foot traffic and excellent accessibility. With weekly rent set at just $1,600+GST and no additional property management fees or outgoing expenses, the operational costs are transparent and reasonable. The current lease extends for another 3.5 years, providing ample time for new owners to plan for future growth. Garbage collection costs are minimal, at approximately $100 per quarter, further reducing overhead expenses. These factors combine to create a stable and cost-effective operating environment.
As a family-run business, the store has an established and efficient daily operational model with a stock inventory worth approximately $20,000, catering to the diverse needs of local residents. A standout feature of this store is its multiple on-site residential rooms, which can be used for personal accommodation or rented out to generate stable rental income. This unique advantage allows new owners to offset rental costs significantly, reducing financial pressure while adding an extra stream of cash flow.
Additionally, the store offers three dedicated parking spaces, providing unparalleled convenience for customers and enhancing the overall shopping experience. The store operates from 7:30 AM to 6:30 PM daily, covering peak shopping hours and meeting the demands of the surrounding community. Located near the 392 and 392X bus routes, it boasts excellent transport links, further increasing its accessibility and potential customer base.
Situated in a thriving Matraville community with a well-established residential area and strong purchasing power, this convenience store enjoys a steady stream of regular customers. Whether it’s for daily essentials or quick purchases, the store is an integral part of the local lifestyle. Its prime location and proven operational model offer the new owner extensive growth potential and consistent profitability.
If you are seeking a high-value business opportunity with the promise of long-term, stable income, this convenience store is an ideal choice. With no additional investment or complicated transition processes required, you can start generating revenue immediately upon acquisition.
For more details or to arrange a viewing, please contact us. Don’t miss this exceptional opportunity to own a thriving business in a prime location!
Property Reference Number:132