Iconic Liquor Store For Sale City NSW First Time Offered in 21 Years
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About this business
In the broker's words
Full description, as written by the brokerFOR SALE | FIRST TIME OFFERED IN 21 YEARS
An exceptional opportunity to acquire an iconic bottle shop in a prime NSW city location.
60 YEARS OF HISTORY. 21 YEARS UNDER THE SAME OWNERSHIP.
A highly established and well-known liquor store, presenting a rare opportunity to acquire a long-standing retail operation with a strong market presence, loyal customer base and an outstanding trading history.
With strong systems, an existing team and clean financials, this business offers an excellent opportunity for both hands-off investors and owner-operators looking to maximise their earnings.
KEY HIGHLIGHTS
- Prime Location - Busy retail setting with excellent exposure and high foot traffic.
- Clean Financials - Well-maintained financial records available for serious buyers.
- Impressive Turnover - Approximately $4.2 million annual turnover, averaging around $80,000 per week.
- Strong Profitability - Approximately $750K net profit per annum currently with hands on operator.
- Attractive Rent - $4,865 per week inclusive of GST and outgoings, representing approximately 6% of annual turnover.
- Spacious Store - Over 240m with an excellent retail layout.
- Quality Fit-Out - Extensive refrigeration, organised shelving and attractive product displays.
- Long & Secure Lease - Lease secured until 2031, plus a further five-year option.
- Handover - Support available to ensure a smooth transition for the incoming owner.
WHY BUY THIS BUSINESS?
Finding a liquor store with clean financials, an established structure, a spacious retail setup and attractive rental costs is not an everyday opportunity.
Whether you are looking to operate the business yourself or implement management and take a more hands-off approach, this business offers the flexibility to suit your investment goals.
A RARE OPPORTUNITY TO ACQUIRE AN ICONIC 60-YEAR-OLD BUSINESS.
ENQUIRE TODAY - CONFIDENTIALITY ASSURED.
CONFIDENTIALITY & ENQUIRIES
Use Send enquiry and the broker will send the confidentiality agreement.
ONLY SERIOUS ENQUIRIES WILL BE ATTENDED TO.
EXCLUSIVE BUSINESS BROKER
CHRIS MINAS
Network Infinity
All enquiries and dealings regarding this sale are to be conducted exclusively through Chris Minas.
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