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Convenience Store - Tobacconist - Retail - Under Management - Sydney Cbd Location - Takings $17,000 P.W. - Corner Location - Top Position For Sale

Sydney, New South Wales, Australia
Asking Price:
$368,000 (AUD)
Sales Revenue:
$884,000 (AUD)
Cash Flow:
$176,800 (AUD)

Convenience store selling range of drinks, confectionery, ice cream, cigarettes, groceries, clothes, chemist items, phone cards, opal cards. - This store also sells a lot of souvenirs with high profit - CCTV - Air conditioning - Hours have changed during Covid-19- Sales shown are average 2019 weekly sales. Price is plus stock at value approx $60,000.

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

Features
Fantastic position - Under Management. - Easy operation - Solid income - High foot traffic - Great location - Close to many big hotels and apartments

Premises
Modern and clean corner store with good signage, toilet, 3 store rooms and an area of 70m2

Location
Great corner location near a busy intersection and surrounded by hotels, movies, apartments, commercial, retail and residential in the heart of Sydney CBD

Trading Hours
7 days - Sun. - Thurs. - 7 a.m. till 11 p.m. - Fri. & Sat. - 7 a.m. till 3 a.m.

Lease
Current lease expires Dec.2022 + 5 year option - 4% -.-.-. Increases - 3 month bond

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

Comments

Property Information

Location:

Great corner location near a busy intersection and surrounded by hotels, movies, apartments, commercial, retail and residential in the heart of 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 - Sun. - Thurs. - 7 a.m. till 11 p.m. - Fri. & Sat. - 7 a.m. till 3 a.m.

Employees:
1 Manager + 2 full timers + 1-2 casuals
Years established:
2014

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