Retail - Sydney CBD

7 days ago

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Internal Ref: M1892

Summary

SBX Code: M1892 - Retail - Gifts - Duty Free - Under Management - Sydney CBD

Rent

$206,960 pa

Net Profit

$163,800 pa

Location Details

Prominent location in Sydneys famous tourist area with large amount of foot traffic.

Potential

Could add more popular tourist Australia made products. - Could open 24 hours. - No restrictions apply on lease.

Hours

7 days - 10 a.m.- 10 p.m.

Lease

New 5 years lease commences Nov 2016. - 5% annual increases. - 6 months bond.

Employees

Under management - 2.5 shift staff

About the Business

Retail - Gifts - Duty Free - Under Management - Sydney CBD

SBX Code: M1892
Retail gift store selling popular Australia made lanolin creams, health foods and sheepskin products. - Wooden floor boards. - Security CCTV system. - Energy saving fittings. The business trading name is not for sale, the interested buyers will have to use their own trading name.

Potential
Could add more popular tourist Australia made products. - Could open 24 hours. - No restrictions apply on lease.

Features
Location Location - Popular products. - Easy operation. - Very high margins.

Premises
Modern designed shop in good condition with an area of approx 30m2.

Location
Prominent location in Sydneys famous tourist area with large amount of foot traffic.

Trading Hours
7 days - 10 a.m.- 10 p.m.

Lease
New 5 years lease commences Nov 2016. - 5% annual increases. - 6 months bond.

Employees
Under management - 2.5 shift staff

Comments
The rent shown is the new lease rent. - This is life style business and could be run by owner operator or under management. - 2015 and 2016 year profit & loss statements available to review. - The business profile figures based on current financial year accountant statement. - A must to inspect.

SBX Code: M1892

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