Visit this listing at https://www.sbx.com.au/business?id=GNGD1039A

Business Code: GNGD1039A

Key Features: No nearby competition

State: VIC

Suburb: Footscray, 3011

Location: Situated on very busy food / restaurant street opposite major market in West Melbourne.

Description

Retail liquor store from one of Australia's largest liquor franchises - adopting the branding of the franchise is optional - currently running under management - Sales were $13k per week but have slipped to $10k due to owner inattention - Very well equipped with 1 large open fridge, 1 freezer, 3 double-door fridges, 1 large cool room (approx. 24 sq. m), walk-in fridge with 4 doors and 1 pallet entry door - low cost business / accounting software.

Summary

  • Features: No ongoing franchise fees - No competition nearby - Good potential for exterior signage targeting passing traffic - Easy to manage.
  • Potential: Ideal for owner operator - 700 apartments under construction nearby - could add more stock - increase special promotions - add optional $220 per month local promotions offered by franchisor.
  • Premises: Large airy 110 sq. mts. premises with large cool room. - Plenty of space for more stock or special promotions.
  • Trading Hours: 7 days - 10 a.m. to 10 p.m.
  • Lease: 5 + 5 year lease commenced Feb. 2017 - 4% annual rent increases - 2 months bond + 1 month advance rent.
  • Employees: 1 full time employee.
  • Comments: Large fully owned equipment list is available - One fridge is owned by Coca Cola Co. - Lease includes 1 year demolition clause - Misc.- 1 - includes business / accounting software subscription ($700 pa).

Weekly Summary

Weekly Takings (inc GST)

$10,000

Cost of Goods

$6,000

Gross Profit

$4,000

Rent

$1,200

Wages

$800

Outgoings

$150

Telephone

$15

Insurance

$70

Electricity

$140

Misc1

$100

Total Expenses

$2,475

Estimated Stock (Additional)

$50,000

Equipment (Included)

$80,000

Net Profit

$1,525

Price

$200,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Liquor Store - Franchise - Retail - Under Management

Business Code: GNGD1039A

Key Features: No nearby competition

State: VIC

Suburb: Footscray, 3011

Location: Situated on very busy food / restaurant street opposite major market in West Melbourne.

Description

Retail liquor store from one of Australia's largest liquor franchises - adopting the branding of the franchise is optional - currently running under management - Sales were $13k per week but have slipped to $10k due to owner inattention - Very well equipped with 1 large open fridge, 1 freezer, 3 double-door fridges, 1 large cool room (approx. 24 sq. m), walk-in fridge with 4 doors and 1 pallet entry door - low cost business / accounting software.

Summary

  • Features: No ongoing franchise fees - No competition nearby - Good potential for exterior signage targeting passing traffic - Easy to manage.
  • Potential: Ideal for owner operator - 700 apartments under construction nearby - could add more stock - increase special promotions - add optional $220 per month local promotions offered by franchisor.
  • Premises: Large airy 110 sq. mts. premises with large cool room. - Plenty of space for more stock or special promotions.
  • Trading Hours: 7 days - 10 a.m. to 10 p.m.
  • Lease: 5 + 5 year lease commenced Feb. 2017 - 4% annual rent increases - 2 months bond + 1 month advance rent.
  • Employees: 1 full time employee.
  • Comments: Large fully owned equipment list is available - One fridge is owned by Coca Cola Co. - Lease includes 1 year demolition clause - Misc.- 1 - includes business / accounting software subscription ($700 pa).

Weekly Summary

Weekly Takings
(inc GST)

$10,000

Cost of Goods

$6,000

Gross Profit

$4,000

Rent (ex GST)

$1,200

Wages

$800

Outgoings

$150

Telephone

$15

Insurance

$70

Electricity

$140

Misc1

$100

Total Expenses

$2,475

Estimated Stock (Additional)

$50,000

Equipment (Included)

$80,000

Net Profit

$1,525

Price

$200,000

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The information contained on each individual business for sale has been gathered from the vendor or landlord and/or professional service providers and is believed to be accurate and current as at the date of publication. SBX Business Brokers provides no warranties of any nature are given, intended or implied and prospective purchasers must rely on their own enquiries and should verify the accuracy of information before proceeding.