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Convenience Store business for sale in Sydney

  • Convenience Store
  • Sydney NSW 2000
  • $368,000 (GST na)

SF1573 - Business For Sale - Convenience Store Sydney CBD Location - Takings $17,000 p.w. - Corner location - Top Position

Convenience Store - Tobacconist - Retail - Under Management - Sydney CBD
SBX Business Code: SF1573
Convenience store selling range of drinks, confectionery, ice cream, cigarettes, groceries, clothes, chemist items, phone cards, opal cards. - This store also sells a lot of souvenirs with high profit - CCTV - Air conditioning - Hours have changed during Covid-19- Sales shown are average 2019 weekly sales.

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

Features
Fantastic position - Under Management. - Easy operation - Solid income - High foot traffic - Great location - Close to many big hotels and apartments

Premises
Modern and clean corner store with good signage, toilet, 3 store rooms and an area of 70m2

Location
Great corner location near a busy intersection and surrounded by hotels, movies, apartments, commercial, retail and residential in the heart of Sydney CBD

Trading Hours
7 days - Sun. - Thurs. - 7 a.m. till 11 p.m. - Fri. & Sat. - 7 a.m. till 3 a.m.

Lease
Current lease expires Dec.2022 + 5 year option - 4% C.P.I. Increases - 3 month bond

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

Comments
Misc.- 1 - Other general expenses - This store is close to many large hotels, apartment blocks and the cinema in the heart of the Sydney CBD. Meetings by appointment.
Figures
Weekly Sales $17000
Rent (ex GST) $2370
Wages $1600
Profit $3400

SBX Business Code: SF1573

SBX Business Brokers - Sydney Business Exchange

Map for Sydney NSW 2000
Map for Sydney NSW 2000Sydney NSW 2000
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