Visit this listing at https://www.sbx.com.au/business?id=SF1608

Business Code: SF1608

Key Features: Convenience Store - Tobacconist - NSW Lottery - City Fringe - Sales $25,200 pw

State: NSW

Suburb: Darlinghurst, 2010

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

Description

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.

Summary

  • 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
  • Potential: Expand late night food menu - Increase sales and lotto sales as there is no competition in the area - Open more hours.
  • Premises: Well presented large shop with good signage, storage. a back office, a staff kitchen, 3 toilets and an area of 130 m2.
  • 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: 2 owners + 2 part timers + 3 casuals
  • Comments:

Weekly Summary

Weekly Takings (inc GST)

$25,200

Cost of Goods

$19,800

Gross Profit

$5,400

Rent

$1,534

Wages

$1,300

Outgoings

$50

Telephone

$20

Insurance

$30

Electricity

$40

Misc1

$150

Total Expenses

$3,124

Estimated Stock (Additional)

$50,000

Equipment (Included)

$50,000

Net Profit

$2,276

Price

$348,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Convenience Store - Tobacconist - Lottery - Takeaway - Retail

Business Code: SF1608
Price: $348,000

Key Features: Convenience Store - Tobacconist - NSW Lottery - City Fringe - Sales $25,200 pw

State: NSW

Suburb: Darlinghurst, 2010

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

Description

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.

Summary

  • 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
  • Potential: Expand late night food menu - Increase sales and lotto sales as there is no competition in the area - Open more hours.
  • Premises: Well presented large shop with good signage, storage. a back office, a staff kitchen, 3 toilets and an area of 130 m2.
  • 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: 2 owners + 2 part timers + 3 casuals
  • Sale Reason: Family commitments and lives to far away
  • Comments: Misc.- 1 - Other general expenses - Sales shown are current and the business has added Lottery in July 2020 with a new fitout of $80K - Sales expected to increase by 50-70% after Covid -19.and with the new NSW Lottery service. This location has high foot traffic and is one of Sydneys go-to destinations and a must to inspect but please be discreet.

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

Weekly Summary

Weekly Takings
(inc GST)

$25,200

Cost of Goods

$19,800

Gross Profit

$5,400

Rent (ex GST)

$1,534

Wages

$1,300

Outgoings

$50

Telephone

$20

Insurance

$30

Electricity

$40

Misc1

$150

Total Expenses

$3,124

Estimated Stock (Additional)

$50,000

Equipment (Included)

$50,000

Net Profit

$2,276

Price

$348,000

 Print

Enquire about this listing



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.