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Convenience Store business for sale in Darlinghurst

  • Convenience Store
  • Darlinghurst NSW 2010
  • $348,000 (GST na)

SF1608 - Business For Sale - Convenience Store Convenience Store - Tobacconist - NSW Lottery - City Fringe - Sales $25,200 pw

Convenience Store - Tobacconist - Lottery - Takeaway - Retail - Sydney City Fringe
SBX Business Code: SF1608
Convenience store - Tobacconist - NSW Lottery - Selling good range of tobacco lines, drinks, confectionery, coffee, hot food, novelty and gift items, ice cream etc. - Newly added Lottery - CCTV with 8 cameras - There are many hotels and nightclubs in the street.

Potential
Expand late night food menu - Increase sales and lotto sales as there is no competition in the area - Open more hours.

Features
Popular location with high foot traffic - Can open 24/7 - Only Lotto in the area - Large shop - High margins - Delivery through Deliveroo has started in 2021

Premises
Well presented large shop with good signage, storage. a back office, a staff kitchen, 3 toilets and an area of 130 m2.

Location
Great location on main street in an entertainment precinct and next to popular hotels and clubs in the Sydney City Fringe .

Trading Hours
7 days - Sun. - Thurs. - 8 a.m. - 10 p.m.- Fri. & Sat. - 8 a.m. - 1 a.m.

Lease
Current lease expires April ,2023 + 3 year option - CPI Increases - 3 month bond

Employees
2 owners + 2 part timers + 3 casuals

Comments
Misc.- 1 - Other general expenses - Sales shown are current and the business has added Lottery in July 2020 with a new fitout of $80K - Sales expected to increase by 50-70% after Covid -19.and with the new NSW Lottery service. This location has high foot traffic and is one of Sydneys go-to destinations and a must to inspect but please be discreet.
Figures
Weekly Sales $25200
Rent (ex GST) $1534
Wages $1300
Profit $2276

SBX Business Code: SF1608

SBX Business Brokers - Sydney Business Exchange

Map for Darlinghurst NSW 2010
Map for Darlinghurst NSW 2010Darlinghurst NSW 2010
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