Freehold Liquor Shop For Sale

Summary

Asking price: $2,600,000
Sales revenue: $2,100,000
Net profit: Available on request
Years established: 30
Employees: Family run
Relocatable: This business can be relocated.

Business description

Introducing to the market for the first time in 17 years, is one of the most recognised Pacific Highway Liquor outlets on the east coast. This popular South Kempsey shop holds the only unrestricted OFF-LICENCE on the south side of the river and services a large community. Occupying a 1200sqm corner block next to the Caltex Service centre and truck stop, it holds an enormous amount of growth potential, with a large portion of this prominent commercial freehold currently underdeveloped. A current DA is in place for additions. A member of the Local Liquor buying group, it is showing increasing turnover with strong gross profit margin and solid net income. The business has a licensed area of 300sqm under roof with extensive coolrooms and dry storage areas. Family owned and operated, this shows the way for investors to run this under management and increase profitability even more. A great opportunity to grab a success story. Showing a healthy return on investment

Property information

Real Estate: Real Property Included Location: 1200sqm corner block right on the Pacific Highway. Located next to major service station and truck stop. Prime exposure to all passers by with 3 access points.

Other information

Expansion potential: Enormous Commercial development potential.
Competition / Market: None
Reasons for selling: Time to take it easy
Trading hours: licensed 5-am to 12-pm

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