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Convenience Store - Tobacconist - Lottery - Takeaway - Gelato - Retail - Convenience Store - Tobacconist - Nsw Lottery - City Fringe For Sale

Darlinghurst, New South Wales, Australia
Asking Price:
$298,000 (AUD)
Sales Revenue:
$1,310,400 (AUD)
Cash Flow:
$118,352 (AUD)

Convenience store - Tobacconist - NSW Lottery - Selling good range of tobacco lines, drinks, confectionery, coffee, hot food, novelty and gift items, ice cream etc. - Newly added Lottery - CCTV with 8 cameras - There are many hotels and nightclubs in the street and a new hotel opening nearby plus 2 new night clubs . Stock $50,000.00 extra to selling price.

Potential
Expand late night food menu - Increase sales and lotto sales as there is no competition in the area - Open more hours - New Hotel opening nearby and 2 nightclubs to open

Features
Popular location with high foot traffic - Can open 24/7 - Only Lotto in the area - Large shop - High margins - Delivery through Deliveroo has started in 2021 - In 2023 Sydney World Pride will be a major event

Premises
Well presented large shop with good signage, storage. a back office, a staff kitchen, 3 toilets and an area of 130 m2.

Location
Great location on main street in an entertainment precinct and next to popular hotels and clubs in the Sydney City Fringe .

Trading Hours
7 days - Sun. - Thurs. - 8 a.m. - 10 p.m.- Fri. & Sat. - 8 a.m. - 1 a.m.

Lease
Current lease expires April,2023 + 3 year option - CPI Increases - 3 month bond

Employees
1 owner + 2 part timers + 3 casuals

Comments

Property Information

Location:

Great location on main street in an entertainment precinct and next to popular hotels and clubs in the Sydney City Fringe .

Business Operation

Expansion Potential:

Expand late night food menu - Increase sales and lotto sales as there is no competition in the area - Open more hours - New Hotel opening nearby and 2 nightclubs to open

Trading hours:

7 days - Sun. - Thurs. - 8 a.m. - 10 p.m.- Fri. & Sat. - 8 a.m. - 1 a.m.

Employees:
1 owner + 2 part timers + 3 casuals
Years established:
2000

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