Summary
Priced to Sell, have other work taking my time. $200k yearly revenue, Rent $5500 inc gst/outgoings. 3 years left on lease.
Revenue
$200,000 pa
Rent
$5,500 pa
Expenses
$60,000 pa
Net Profit
$40,000 pa
Location Details
42 Katoomba St, Katoomba 2780 NSW
Excellent exposure to tourists being close to the train and bus stations. Shop has ben operating for 25 years. Only trading at night sees massive sales increase opportunity by trading in the morning/day and selling more products like tobacco/coffee.
Potential
Only trading at night due to other work commitments. Has massive sales increase opportunities by expanding opening hours, selling tobacco, selling coffee to tourists waiting for the tourist bus that stops in front of the shop. Can open up to online deliveries and uber eats also.
The shop comes with a flat upstairs that could be used as accomodation for the owner to cut out a residential lease for living.
Hours
The shop can trade every day except Good Friday and Christmas Day. currently only open 4-10 but all day trade is ok.
Lease
3 years left on the lease.
Reason for Sale
I have other work so dont have the time to focus on this shop anymore.
About the Business
The shop sells wine, beer and spirits. Lots of tourists and BYO customers for the restaurants nearby. We try to sell a good amount of local wines and beers to have a difference.
History
Shop has been trading since the 1990's.
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