SBX Business Brokers Phone : 02 9439 ****

Liquor Store - Franchise - Retail - Under Management - No nearby competition

Listing Id : 245667

Location : Victoria

Category : LIQUOR STORE

Asking Price : 200,000

Business description

Liquor Store - Franchise - Retail - Under Management - Melbourne West - Agent SBX Code Number: GNGD1**** **** A Retail liquor store from one of Australias largest liquor franchises - adopting the branding of the franchise is optional - currently running under management - Sales were $13k per week but have slipped to $10k due to owner inattention - Very well equipped with 1 large open fridge, 1 freezer, 3 double-door fridges, 1 large cool room (approx. 24 sq. m), walk-in fridge with 4 doors and 1 pallet entry door - low cost business / accounting software. Potential Ideal for owner operator - 700 apartments under construction nearby - could add more stock - increase special promotions - add optional $220 per month local promotions offered by franchisor. Features No ongoing franchise fees - No competition nearby - Good potential for exterior signage targeting passing traffic - Easy to manage. Premises Large airy 110 sq. mts. premises with large cool room. - Plenty of space for more stock or special promotions. Location Situated on very busy food / restaurant street opposite major market in West Melbourne. Trading Hours 7 days - 10 a.m. to 10 p.m. Lease 5 + 5 year lease commenced Feb. 2017 - 4% annual rent increases - 2 months bond + 1 month advance rent. Employees 1 full time employee. Comments Large fully owned equipment list is available - One fridge is owned by Coca Cola Co. - Lease includes 1 year demolition clause - Misc.- 1 - includes business / accounting software subscription ($700 pa). Figures Weekly Sales $10000 Rent (ex GST) $1200 Wages $800 Profit $1525 Agent SBX Code Number: GNGD1**** **** A - SBX Business Brokers


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