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Excellent location for a Convenience store with Lotto649. Located next to an English school and below a residential highrise. Plenty of store-front parking and patio seating. Sales can be increased by adding an ATM and DVD rental service. Lots of potential! Easy to operate WITH ONE PERSON 6 WORKING DAYS PER WEEK.. Low gross rent and long lease term 4 + 5 years.
Business can be opened for 7 days. Summer sales 20% more than winter.
Sales figures below show winter months.
YEARS IN BUSINESS 3 year(s)
FLOOR AREA 700 sq ft.
EMPLOYEES Fulltime: owner Part time: 1
LEASE TERM 4yrs + 5yrs option
PARKING Street Parking
ADDRESS
Sussex Ave, Burnaby, BC
ASKING PRICE
BUSINESS HOURS
Monday - Friday: 08:30 AM to 08:30 PM
Saturday: 10:30 AM to 05:00 PM
Sunday: Closed
MONTHLY SALES
Lottery Sales: $ 7,000
General Grocery: $ 15,000
Cigarette Sales: $ 9,000
MONTHLY GROSS INCOME $ 6,450
MONTHLY OPERATING COSTS
Gross Rent: $ 1,697
Employee Wages: $ 500
Hydro: $ 260
Insurance: $ 95
Phone Interac: $ 50
Security Alarm: $ 13
MONTHLY EXPENSES $ 2,115
MONTHLY NET INCOME $ 3,835 winter income
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