Newsagency/Tatts Retail Business for Sale

Sydney 

$235,000

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    Newsagency/Tatts Retail Business for Sale in Sydney

    Recently Renovated Convenience Store - High traffic - Must Sell Before Christmas

      This is the perfect time to purchase this convenience store as it is priced to sell and won't last long.

      Location Details
      The business location is an asset with little in the way of competition. The foot traffic is excellent due to the proximity to the nightlife & being located near a major CBD bus route.

      Potential
      The potential of this convenience store comes in many forms including expanding product, adding other services such as dry cleaning, ATM or foreign currency exchange.

      Skills
      None necessary.

      Hours
      7 Days - 24 Hours

      Lease
      Lease expiry 14th June 2021 + a 5-year option.
      Current base rent is $3,347.50 plus GST per month

      Employees
      Currently 2 Employees & the owner.

      Reason for Sale
      This is a reluctant sale due to the owner moving overseas and will not last long on the market. Priced to sell accordingly.

      About the Business
      This is an opportunity to purchase a newly established 24-hour convenience store, located in Darlinghurst, directly east of the Sydney CBD.

      This convenience store is 50 sqm in size and enjoys excellent visibility and exposure onto busy William Street in Darlinghurst. It is located close to the Hyde Park end of this main thoroughfare, not far from much of the nightlife of the area, hence the store is open 24-hours, 7 days to take
      advantage of the trade available day and night.

      This was newly fitted-out in 2016 and opened in May of the same year. For a relatively small shop, it stocks a comprehensive range of products from snacks and confectionery through to groceries, toiletries, souvenirs and hot coffee and pies.

      The shop is owner-operated and employs two additional staff to cover all hours and days. Trade is steady all year with expected peaks over summer.

      This is a fantastic business that is easy to run - a turnkey purchase that a buyer can walk straight into and trade from day one with no training or complexities.

      This is a reluctant sale due to the owner moving overseas and will not last long on the market.

      For all enquiries, please contact the undersigned:

      Douglas Aiken
      Business Sales Specialist | Business Sales Sydney
      Ray White Business Sales, Corporate Business Sales & Acquisitions
      M: 0433 196 339 T: 1800 858 696 E: douglas.aiken@raywhite.com

      For more details complete the contact us form on this page or go to www.rwbs.com.au and complete our online confidentiality agreement. Use the reference ID 1790646 to search for the business.

      Disclaimer:
      Due to the confidential nature of the sale, images used are stock images and not representative of the business for sale. Total earnings, EBIT or EBITDA, includes add backs relevant to the current owners. Add backs may include, owners salaries, directors benefits, personal expenses, non-recurring expenses, one off expenses, capital costs, depreciation and generally any costs relevant to the current owners.

      Categories:

      Newsagency/Tatts, Other, Office Supplies

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