Convenience - Franchise - Sales $15,000 p.w - Sydney 2000

5 days ago

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Internal Ref: FV1022SF

Summary

SBX Code: FV1022SF - Convenience Store - Franchise - Top Sydney CBD location - No Franchise fee - Good fitout - ATM and Laundry Service - Profit $2,670 p.w

Rent

$161,200 pa

Net Profit

$138,840 pa

Location Details

Situated in the middle of the C.B.D. on a main City street.

Potential

New hotel to open in 6 months nearby - Money exchange to start in the next few weeks - Could do deliveries.

Hours

7 days - 7.00 a.m.- 12 midnight

Lease

Current 5 year lease commenced in June, 2016. - Option to renew for another 5 years- 3 month b

Employees

Two fulltime staff.

About the Business

Convenience - Franchise - Sydney CBD

SBX Code: FV1022SF
Convenience store selling typical convenience products and also offers souvenirs, hats, T- shirts, Ugg boots, money exchange plus an ATM. - There is also a laundry service, as it caters for a large number of tourists. - Also sells newspapers- no deliveries - Equipment includes display cabinets, fridges, tills, surveillance cameras.

Potential
New hotel to open in 6 months nearby - Money exchange to start in the next few weeks - Could do deliveries.

Features
Good location near hotel - Tourist trade highly profitable. - New fitout.

Premises
This business has an area of 100 sq. mts. including 2 store rooms, a lock up garage and staff toilets.

Location
Situated in the middle of the C.B.D. on a main City street.

Trading Hours
7 days - 7.00 a.m.- 12 midnight

Lease
Current 5 year lease commenced in June, 2016. - Option to renew for another 5 years- 3 month bond - C.P.I. increases.

Employees
Two fulltime staff.

Comments
Miscell. -1 - other general expenses - At all times, buyers must be discreet. - It operates as a franchise but no franchise fee is paid. - There is a group buying structure the owner can chose or buy goods from any source.

SBX Code: FV1022SF

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