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Iconic Liquor Store For Sale City Nsw First Time Offered In 21 Years

Sydney City, New South Wales, Australia
Asking Price:
$2,190,000 (AUD)
Turnover:
Undisclosed
Net Profit:
Undisclosed

FOR SALE | FIRST TIME OFFERED IN 21 YEARS

An exceptional opportunity to acquire an iconic bottle shop in a prime NSW city location.

60 YEARS OF HISTORY. 21 YEARS UNDER THE SAME OWNERSHIP.

A highly established and well-known liquor store, presenting a rare opportunity to acquire a long-standing retail operation with a strong market presence, loyal customer base and an outstanding trading history.

With strong systems, an existing team and clean financials, this business offers an excellent opportunity for both hands-off investors and owner-operators looking to maximise their earnings.

KEY HIGHLIGHTS

- Prime Location - Busy retail setting with excellent exposure and high foot traffic.

- Clean Financials - Well-maintained financial records available for serious buyers.

- Impressive Turnover - Approximately $4.2 million annual turnover, averaging around $80,000 per week.

- Strong Profitability - Approximately $750K net profit per annum currently with hands on operator.

- Attractive Rent - $4,865 per week inclusive of GST and outgoings, representing approximately 6% of annual turnover.

- Spacious Store - Over 240m with an excellent retail layout.

- Quality Fit-Out - Extensive refrigeration, organised shelving and attractive product displays.

- Long & Secure Lease - Lease secured until 2031, plus a further five-year option.

- Handover - Support available to ensure a smooth transition for the incoming owner.

WHY BUY THIS BUSINESS?

Finding a liquor store with clean financials, an established structure, a spacious retail setup and attractive rental costs is not an everyday opportunity.

Whether you are looking to operate the business yourself or implement management and take a more hands-off approach, this business offers the flexibility to suit your investment goals.

A RARE OPPORTUNITY TO ACQUIRE AN ICONIC 60-YEAR-OLD BUSINESS.

ENQUIRE TODAY - CONFIDENTIALITY ASSURED.

CONFIDENTIALITY & ENQUIRIES

All prospective purchasers must complete and sign a Confidentiality Agreement before any financial information, business details or documentation will be released.

ONLY SERIOUS ENQUIRIES WILL BE ATTENDED TO.