Presented is a unique opportunity to acquire a well-established and thriving 2-in-1 convenience store and florist in the heart of Sunbury. Serving a loyal customer base, the business combines everyday retail, coffee, takeaway food, and fresh floral sales, generating consistent weekly revenue and strong monthly profits. With a long secure lease, low staffing requirements, and extensive equipment already in place, this business is ideal for an owner operator looking for a turnkey operation with immediate income.
Situated on a vibrant local shopping strip surrounded by complementary businesses and close to key community amenities, it enjoys excellent street exposure, approximately 25 customer parking spaces out front and 4 staff bays at the rear.
Potential:
- Adding a Tobacconist offers major growth potential, historically capable of doubling revenue. Provision is in place to introduce tobacco sales
- Capitalize on the high demand for Tatts Lotto by adding it, noting that the nearest outlet is 2km away.
- Further upside through added product lines such as fresh fruit juice and ice cream bar
Key Features:
- Diversified income from flowers, coffee, takeaway food, and grocery lines with flowers alone averaging $5,000 per week in sales
- Net profit (SDE) of $245,000 per annum
- Large premises of approximately 200 sqm
- Two rear rooms plus kitchen, shower and toilet facilities
- Fully secured with external metal shutters and cameras
- Extensive equipment including 7-door cool room and near-new air conditioning
- ATM installed and serviced by landlord
- Long lease in place (5+5+5+5+5 from July 2016) with CPI increases
- Rent $68,727 per annum plus GST
- Low staff wages with simple owner-operator model
- Could be suitable for visa purposes
Ref: ME03411
