Regional Convenience Store
About this opportunity
The best thing about being regional is Woolworths don’t open on Sundays or Public holidays as it is not sustainable and being a small town, they have loyal local customer base who support their great family business. Tosh’s Convenience is well known by the sale of multiple division one lotto wins, barista made coffee, great burgers, prepared meals, catering and last-minute essentials.
Business Story
Tosh’s Convenience is a one stop shop with an annual turnover of approximately $2.5m. The offer that sets them apart from all comers includes Lotto, meats, burgers and takeaway food, ready-made meals, catering, fresh produce, coffee and cakes.
Tosh’s Convenience sell a range of ready-made Indian dishes perfect for easy work lunch or dinner options, hearty and freshly made and supplied by Masala. They are much sought after and take a lot of pre-orders for their busy customers on the go.
When it comes to catering Tosh’s Convenience caters to work place meetings with a range of decadent pre-made and customisable platters available in a variety of sizes. This has resulted in gaining a lot of new and repeat business
This store is on a prime corner location right opposite the hospital and has easy access with loads of street parking. The business trades 7 days a week and open from 5.00am to 8.00pm The store has a clean modern fit out, is well stocked and very well merchandised in keeping with a basic corporate layout giving the store good flow with lots of colour. The store also has its own ATM which is very handy providing additional customer service and retail sales.
The business has a lot of new plant and equipment recently installed including a large cold room and 12 meters of walk-in refrigeration making refrigerated stock management very easy. It is very easily run with an experienced owner manager and motivated team. There is a lot to this business so the seller will offer a generous handover period to new owners allowing them to have confidence to run a very busy operation.
The business provides a great lifestyle for the current owners in more ways than one and shows good returns backed up by accountant’s figures. The owner has genuine reasons for selling the business with retirement imminent so it must be sold
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Denny has a long career in all forms of business including Corporate Management with International and National FMCG organizations, with vast experience in the fields of Operational Management, Sales and Marketing Management, Franchise Business Management to Small Business Owner / Operator of Motels, Courier and Supermarket businesses.
In 2007 Denny saw the need for a good communicator with a strong understanding of business operation to offer a Business Broking service second to none. Denny's combined experienced gained over many years in the Corporate world and small business ownership has taken Business Brokering to new heights with with the Business Sales Group that includes NQ Business Sales, CQ Business Sales FNQ Business Sales and SEQ Business Sales, a very automated business utilizing technology to gain reach with unprecedented response in offers, time and product in the most professional manner.
Denny's focus is to satisfy Sellers and Buyers during transactions to deliver only good outcomes. In addition to this grow the business base and maximize the use of latest technologies to deliver a quality product.
Phil started his working career in purchasing with large and multi-national companies in Sydney.
A family relocation to Bowen in 1974 was the catalyst to owning his own business.
Phil has been in various businesses from Pest Control to Delicatessen/Takeaway and has for the last 39 years built a wholesale business that has served Bowen, Whitsundays, Mackay and the Coalfields, from 1 truck and himself to 6 trucks and 15 employees.
This has given Phil a very solid knowledge of the area from Bowen to Rockhampton and what it takes to thrive in business there.
Phil has a strong knowledge of business and business practices built through the process of growing his own business as well as time spent on State Franchise Council and dealing with the many changing government policies in those 39 years.
The process of selling his own business has shown Phil the real need for a locally based business broker, easily contacted and heavily focused on the Central Queensland area, which has led to his involvement in CQ Business Brokers.