Visit this listing at https://www.sbx.com.au/business?id=SF1573

Business Code: SF1573

Key Features: Convenience Store - Sydney CBD- Sales $17,000 p.w. - Corner location

State: NSW

Suburb: Sydney, 2000

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

Description

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 $30,000.- Pre Covid sales $17,000 p.w. - Price reduced in August 2021 from $368,000.

Summary

  • Features: Fantastic position - Under Management. - Easy operation - Solid income - High foot traffic - Great location - Close to many big hotels and apartments
  • Potential: An owner operator could save on wages and increase profit. - Add coffee - Expand product range
  • Premises: Modern and clean corner store with good signage, toilet, 3 store rooms and an area of 70m2
  • Trading Hours: 7 days - Sun. - Thurs. - 7 a.m. till 11 p.m. - Fri. & Sat. - 7 a.m. till 3 a.m. (Currently open 3 days till 8 pm Wed, Thurs and Friday)
  • Lease: Current lease expires Dec.2022 + 5 year option - 4% C.P.I. Increases - 3 month bond
  • Employees: 1 Manager + 2 full timers + 1-2 casuals.
  • Comments:

Weekly Summary

Rent

$2,370

Outgoings

$210

Estimated Stock (Additional)

$30,000

Price

$98,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Convenience Store - Tobacconist - Retail - Under Management

Business Code: SF1573
Price: $98,000
+ Estimated SAV $30,000

Key Features: Convenience Store - Sydney CBD- Sales $17,000 p.w. - Corner location

State: NSW

Suburb: Sydney, 2000

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

Description

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 $30,000.- Pre Covid sales $17,000 p.w. - Price reduced in August 2021 from $368,000.

Summary

  • Features: Fantastic position - Under Management. - Easy operation - Solid income - High foot traffic - Great location - Close to many big hotels and apartments
  • Potential: An owner operator could save on wages and increase profit. - Add coffee - Expand product range
  • Premises: Modern and clean corner store with good signage, toilet, 3 store rooms and an area of 70m2
  • Trading Hours: 7 days - Sun. - Thurs. - 7 a.m. till 11 p.m. - Fri. & Sat. - 7 a.m. till 3 a.m. (Currently open 3 days till 8 pm Wed, Thurs and Friday)
  • Lease: Current lease expires Dec.2022 + 5 year option - 4% C.P.I. Increases - 3 month bond
  • Employees: 1 Manager + 2 full timers + 1-2 casuals.
  • Sale Reason: Other business interests.
  • Comments: Misc.- 1 - Other general expenses - This store is close to many large hotels, apartment blocks and the cinema in the heart of the Sydney CBD. Meetings by appointment

Disclaimer: Please note that the business information provided may be affected by COVID-19. Please speak to your broker for more information.

Weekly Summary

Figures include GST unless stated otherwise

Rent (ex GST)

$2,370

Outgoings

$210

Estimated Stock (Additional)

$30,000

Price

$98,000
+ Estimated SAV $30,000

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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.