Convenience Store & Post Office (Ref No:62504)
This is a busy convenience store and licensed post office that trades under the Lucky 7 Banner.
All members of the Lucky 7 group are locally owned & operated and there is over 350 stores nationally. The Lucky 7 branding gives members the benefit of looking and operating like a major banner group whilst maintaining their independence.
The store stocks an extensive range of groceries, newspapers, magazines & cigarettes as well as BBQ chickens, gas, ice ,fishing & hardware supplies and cold drinks, ice-creams & confectionery.
The Licensed Post Office provides essential service such as Post Billpay and there are over 430 PO Boxes on site.
This store trades 7 days a week and is well supported by a loyal local customer base that includes local tradies workers from the many fishing fleets, farmers, holiday makers & tourists.
This is an ideal business for an extended family and with 8 casual staff in place, new owners could reduce the staffing levels to increase the bottom line depending on their level of involvement.
the vendors have suggested a number of measures that could be put in place to increase the already healthy returns which includes extending trading hours and introducing pizzas and hot takeaway dinners.
Situated on the southern coast of South Australia; the area is a popular tourist destination and is home to the largest Rock Lobster fleet in Australia. The region is popular for water activities & outdoor pursuits. It has become a "hot spot" for retirees looking for the perfect "Seachange". The town is also undergoing good growth with the new marine infrastructure due to be built in 2014/2015 which will generate major jobs in town and is expected to increase tourism by 15%
Turnover is in excess of $1.5million with very solid net return.
SELL Price is $1.75million plus stock at value
ABM ID: 1953
Category: Retail Food, Retail General, Convenience Store, Post Office
State : South Australia