Convenience Store - Retail - Sydney CBD - Very long lease

5 days ago

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Internal Ref: SF1459

Summary

SBX Business Code: SF1459 - Convenience Store - Retail - Sydney CBD - Very long lease - Size 160m2 - Nothing to spend with top fit out - High foot traffic near Darling Harbour NSW

Rent

$200,044 pa

Net Profit

$321,880 pa

Location Details

Corner location opposite the entrance to a busy entertainment precinct and surrounded by hotels, apartments, commercial, retail and residential in t

Potential

An owner operator could save on wages and increase profit. - Add coffee - Expand product range

Hours

7 days - Mon. -Sun. - 6 a.m.- 2 a.m

Lease

Current lease expires Jan. 2023 + 5 + 5 year option - C.P.I. rent increases - 3 month bond

Employees

1 Manager + 2 full timers + 1-2 casuals

About the Business

Convenience Store - Retail - Sydney CBD

SBX Business Code: SF1459
Convenience store selling range of drinks, confectionery, ice cream, cigarettes, groceries, clothes, phone cards, opal cards. - This store also sells a lot of souvenirs with high profit - CCTV - Money Exchange - Air conditioning - Outgoings included in the rent

Potential
An owner operator could save on wages and increase profit. - Add coffee - Expand product range

Features
Brilliant new long lease - Under management. - Easy operation - Solid income - Nothing to spend - High foot traffic - Tourist area - Great location

Premises
Large modern store with good signage, marble floors, toilet, store room and an area of 160 m2

Location
Corner location opposite the entrance to a busy entertainment precinct and surrounded by hotels, apartments, commercial, retail and residential in the Sydney CBD

Trading Hours
7 days - Mon. -Sun. - 6 a.m.- 2 a.m

Lease
Current lease expires Jan. 2023 + 5 + 5 year option - C.P.I. rent increases - 3 month bond

Employees
1 Manager + 2 full timers + 1-2 casuals

Comments
Misc.- 1 - Other general expenses and GST. - This is a very modern and spacious store with beautiful marble floors and is well located in the CBD on a very busy corner -

SBX Business Code: SF1459

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