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Alcohol/Liquor Food/Hospitality Business

Mulgoa 

Sold on 26 May 2017
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Alcohol/Liquor Food/Hospitality Business in Mulgoa

Liquor Store Western Sydney - Turnover in excess of $800K P/A - No Franchise Fees.

Summary
An exceptional opportunity to own a profitable retail liquor store with exciting growth opportunities. Located on a busy main arterial road, serving local residents and passing traffic.

Revenue:
$832,000 pa

Rent:
$59,800 pa

Net Profit:
$156,000 pa

Location Details
Located in a local shopping complex on a busy arterial road. Easy access to the M4. Serving the local community with regular clientele and passing traffic. Surrounded by local retail outlets including bakery, supermarket, butcher and takeaway.

Potential
Unique potential exists for a buyer to purchase this ideally located liquor store. Surrounding expansion prospects and current customer traffic give this business good room to improve on already exceptional sales.

Local and beyond advertising as well as a boosted online presence would help utilize the accessible location and bring further traffic to the business.

Skills
No specialized skills are required.

About the Business
Ray White Business Sales are offering an opportunity for buyers to purchase this liquor store. Currently a family owned and operated business with no franchise fees, selling beer, wine and spirits. Why not relocate the family and live a country lifestyle only 65 km's from the Sydney CBD.

Currently turning over $16000 p/w. Nothing to spend, this business offers great potential. The current turnover, combined with a low rent, low staff costs and low overheads make this a great business opportunity.

Some key facts about the business;

- The business is located in a prime location in a busy community shopping centre on an arterial road linking Sydney's west and south west. Only 10 minutes drive from the proposed Badgery's Creek airport.

- Currently family owned and operated.

- No franchise fees.

- Strong relationships with regular local residents.

- Lease will be transferred to the purchaser.

- Currently trading with a turnover of $16,000PW.

- Modern fit-out.

- The liquor store is priced to sell quickly.

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:

Alcohol/Liquor, Retailer