Convenience Store Business For Sale Established For Over 20 Years High Margins

Sydney, NSW

Retail / Newsagency/Tatts, Vending
$180,000 + Sav
Listing ID1708948

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Summary:
This Convenience Store has been operating for over 20 years and sells a wide variety of goods including groceries, cigarette products and more. The premises is well equipped and receives great surrounding foot traffic.

Location details:
This business is well positioned on one of Sydney CBD's busiest streets. With just a close walk to Central Station, major shopping locations and sites, the customer awareness continues to grow.

Lease:
5 year lease expires September 2021.

Trading hours:
Monday to Friday, 7:30 am to 9:30 pm
Saturday, 8:30am to 9:30pm
Sunday, 1:00pm to 9:30pm

Employees:
1x FT owner operator
1x Part Time

Potential:
There is an opportunity for a new owner to further capitalize on the surrounding foot traffic by introducing new items such as flowers, hot food, coffee etc.

History:
The business has been well established for over 20 years and has continued to grow.

Reason for sale:
Owners are looking to retire.

About the Business:
Ray White Business Sales is excited to be offering this great Sydney CBD opportunity. A lucky buyer can acquire a Convenience Store with a strong local reputation and an unrivalled location that continues to benefit from the increased CBD population.

This Convenience Store operate great hours that help capture the night life of Sydney. The premises is also fully equipped with air conditioning, toilet facilities and an impressive 80 sqm floor space.

Facts about the business:
- Great growth potential
- An ideal 80 sqm premises
- Toilet facilities and air conditioning included
- Quick walk from Sydney's biggest transport hub, Central Station
- Minimal staff required

For all enquiries about this business, please contact the undersigned:

Barton Cha
Business Sales Specialist
P: 0478 824 168 E: barton.cha@raywhite.com


Disclaimer: Due to the confidential nature of the sale, images used are stock images are 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.