1/160 Margaret Street
Toowoomba City Qld 4350
This property is not currently for sale or rent on remaxsuccess.com.au
Property Description

‘Groceries and More’ Convenience Store

This NBN connected business is situated in Margaret Street right next door to the remarkable Sofra Turkish Restaurant and just around the corner from the Greyhound Bus Depot, Empire Theatre and Convention Centre and up the road from the new Quest Apartments. Its perfect position enables the business to capitalise on servicing the workforce during the day and then nightclub patrons, cinema goers and restaurant customers at night. The shop has been very successfully operated by Rhonda Theodosis and family for the past 7 1/2 years with gross takings being at or around $420,000 per annum for the past few years. Rhonda has been extremely market focused and is looking to retire after 45 years in the workforce. She is willing to advise and train the new owners should they desire it. The shop has its own convenient carpark at the rear which is a huge benefit not having to find parking every day and is included as part of the rent so there’s no more to pay. There’s also an independent storage room and toilet facilities are shared with neighbouring shops. All the neighbouring businesses are very helpful and work together in every possible way. The business has a core of newspapers and magazines and a small amount of newsagency products as there is no newsagency in the street close by.

The current operating hours are as follows;
Monday to Thursday – 8am – 8pm
Friday – 8am – midnight
Saturday – 9am – 1am
Sunday – 9.30am – 5.30pm

There’s plenty of opportunity to extend trading hours if you wish and also flex them to suit your lifestyle. Markets in the street run the first Sunday of each month plus there’s a high level of activity on the street and police presence on weekends with a city safe camera just outside the shop ensuring the ongoing safety of staff and customers. In all the time the shop has been operating security has only ever raised an alarm when a poster has fallen or once a drunk fell into the front window and broke it. The business is equipped for takeaway food with a canopy, bench top double fryer, hot box and a large oven which was used for cooking chickens. The lease has been renewed until November 2017 with a 3 year option to end in 2020 and is indexed to CPI increases each year in November. It is currently $2,915.80 (GST and outgoings inclusive) per month.

1. Complete security monitoring system incorporating storage computer, monitors x 2, cameras and display TV
2. Set top box and TV antennae on roof
3. Brother fax/printer
4. Flat screen TV – security playback
5. Back to base security sensor system
6. Quality mops, brooms, buckets
7. Sharp Carousel microwave
8. CAS Wedderburn wrapper
9. LG LXM 150 Micro music system
10. NFE Meat slicer
11. Oven cooker
12. Quality stainless steel trays
13. Stainless steel sink and prep area with cupboards
14. CJR exhaust canopy and motor to suit
15. Fluro tubes x 30 extra white
16. 4 slat walls and stock displays
17. 1200 Laselle refrigerated sandwich display unit with storage under and food prep bench with board new door rubbers
18. Woodson pie display cabinet
19. Avanti hot display cabinet
20. Sanyo cake display fridge
21. Chip stand
22. Nut stand
23. Beef Jerky stand (not owned)
24. 6 magazine hanging racks
25. 12 card hanging rack
26. 6m external display sign including lighting
27. 600m x 600m internal display sign/artwork
28. Sign on back wall
29. Sign attached to awning on street
30. LED open sign
31. Fruit display hutch
32. 1 door V fridge owned by Frucor
33. Quality 1200 2100H single sided black outrigger style shelving
34. Quality customer baskets
35. Fire extinguisher and blanket
36. Stock trolley
37. 2,400 aluminium ladder
38. Touch screen computer/scanner/price indicator/receipt box/cash drawer
39. Back office computer
40. Back office computer for security system
41. Paper towel and hand wash wall dispensers 1ea
42. 2 door fridge supplied by TCW
43. Ice cream freezer ex. Peters Ice Cream
44. Dairy Farmers milk – 2 door fridge (owned by them)
45. Double bench top deep freezer
46. Streets Ice Cream freezer (owner by them)
47. Slush Puppie machine (owned by them)
48. 2 shelf Perspe x counter top display for phones and charges
49. V straw container and Coco Cola straw container
50. 16 rack and 2 shelf magazine rack on wheels
51. Assorted Perspex shelving
52. Clock
53. 3 shelf Tic Tac stand
54. 2 drawer, 6 compartment cigarette unit supplied by Imperial Tobacco
55. Air-conditioner attached to wall
56. Assorted plastic containers
57. Assorted cutlery of all kinds
58. 4 tiered bread stand on wheels
59. 5 tiered plastic tray trolley on wheels
60. Ice freezer supplied by Toowoomba Ice
61. 1 x 96 compartment drink stands
62. 2 x spiral 24 compartment drink stands
63. 3 x vinyl advertising door flags
64. 1 x advertising tear drop flag
65. 1 x Teco Air Curtain
66. 1 x single paper stand n/c
67. Storeroom 1 x 4 shelf storage unit metal
68. Storeroom 1 x 2 shelf storage unit stainless steel
69. Epay phone credit machine owned by them
70. Metal 3 tier cigarette lighter stand n/c
71. Assorted stands supplied by companies for holding their products
72. Wedderburn scales 6kg
73. Benches supporting stuff on top, drawers, etc.
74. Stainless steel bench top with underneath shelf on wheels
75. Carrier 5 shelf open door fridge with curtain
76. Hand price scanner

All figures are available for perusal to genuine inquiries. If you’re looking to be your own boss make the time to arrange an inspection today.

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