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Convenience Store - Retail - Convenience Store - Pre Covid Sales $25,100 Pw - Sydney Cbd - Very Long Lease For Sale

Sydney, New South Wales, Australia
Asking Price:
$248,000 (AUD)
Sales Revenue:
$1,305,200 (AUD)
Cash Flow:
$275,756 (AUD)

Convenience store - Currently closed - Selling range of drinks, confectionery, ice cream, cigarettes, groceries, clothes, phone cards, opal cards. - This store also sells a lot of souvenirs with high profit - CCTV - Money Exchange - Air conditioning - Outgoings included in the rent - Figures shown are the 2019 weekly average - Currently closed due to Covid-19 -Price is plus stock at value approx $75,000.

Potential
An owner operator could save on wages and increase profit. - Add coffee - Expand product range

Features
Brilliant new long lease - Under Management. - Easy operation - Solid income - Nothing to spend - High foot traffic - Tourist area - Great location -

Premises
Large modern store with good signage, marble floors, toilet, store room and an area of 160 m2

Location
Corner location opposite the entrance to a busy entertainment precinct and surrounded by hotels, apartments, commercial, retail and residential in the Sydney CBD

Trading Hours
7 days - Mon. -Sun. - 6 a.m.- 2 a.m

Lease
Current lease expires Jan. 2023 + 5 + 5 year option - -.-.-. rent increases - 3 month bond

Employees
1 Manager + 2 full timers + 1-2 casuals

Comments

Property Information

Location:

Corner location opposite the entrance to a busy entertainment precinct and surrounded by hotels, apartments, commercial, retail and residential in the Sydney CBD

Business Operation

Expansion Potential:

An owner operator could save on wages and increase profit. - Add coffee - Expand product range

Trading hours:

7 days - Mon. -Sun. - 6 a.m.- 2 a.m

Employees:
1 Manager + 2 full timers + 1-2 casuals
Years established:
May 2015

Contact Information

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