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Adult Shop, Armidale Nthn.nsw For Sale

Armidale, New South Wales, Australia
Asking Price:
$80,000 (AUD) Inventory / Stock included
Sales Revenue:
$150,000 (AUD)
Cash Flow:
$50K - $100K (AUD)

Located in Armidale’s big retailer precinct close to 40 Winks, BCF, Supercheap etc with excellent access in an attractive 2 storey shop.
This business is fully approved and has traded since March 2012 for the present owner who now wishes to retire.
Armidale pop approx. 32,000 is a major regional centre with the renowned University of New England, and close to major National Parks, which are major tourist attractions. It has all the usual modern services. Trading hours 10.00 am - 6pm Monday to Friday; 10.00 AM– 6 PM Saturday; 10 AM– 4 PM Sundays
This business has roared back into life post Covid.

Property Information

Real Estate:

Lease

Lease Terms:

Fixed with options

Leasehold Rent:

$27,000 (AUD) per annum

Location:

Large retail area

Premises Details:

2 storey building, upstairs mainly used for storage

Planning Consent:

Approved

Business Operation

Expansion Potential:

Significant

Competition / Market:

NIL

Trading hours:

Trading hours 10.00 AM- 6 PM Monday to Friday; 10.00 AM– 6 PM Saturday; 10 AM – 4 PM Sundays

Employees:
Proprietors plus staff
Years established:
2012

Other Information

Support & training:

Provided

Inventory / Stock value:
$80,000 (AUD) - included in the asking price

Contact Peter Campbell Real Estate

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