This Liquor Store Absolutely Punches Above Its Weight!!!

Business Sold Western Australia

Business Category Alcohol Liquor Shop

SOLD

Description

This Liquor Store Absolutely Punches Above Its Weight!!!

THIS PERTH HILLS LIQUOR STORE TRADES OUT OF LESS THAN 100SQM AND STILL:

HAS 18 YEARS REMAINING ON ITS LEASE
HAS A RENTAL (23/24) OF ONLY $36,615 P.A REPRESENTING ONLY 3.3% OF SALES
IS A MEMBER OF ONE OF WA'S STRONGEST BUYING AND MARKETING GROUPS
OWNS A "NON-REVERSIONARY" LICENSE, MARKETING THAT YOU STILL HAVE BENEFICIAL OWNERSHIP OF THE LICENSE AT THE EXPIRY OR DETERMINATION OF THE LEASE (VERY RARE)
HAS A FITOUT WHICH IS UNDER 3 YEARS OLD
HAS A SALES MIX WHICH SEES IT WITH AN EXTRAORDINARY GROSS PROFIT MARGIN OR OVER 32%
ONLY NEEDS TO CARRY A STOCKHOLDING OF APPROX. $200,000
SHOWED AD ADJUSTED NET PROFIT IN 2023/24 OF APPROX. $200,000
THIS STORE IS UNLIKELY TO BE AVAILABLE TOMORROW

ASKING PRICE: $480,000 + S.A.V APPROX. $200,000

FOR FURTHER DETAILS PLEASE CONTACT MURRAY BROWN ON XXXXXXXXXX or XXXXXXXXXX

PLATINUM BUSINESS SALES

PERTH'S PREMIER HOSPITALITY AND RETAIL BUSINESS BROKERS
Contact Seller
Murray Brown

Bsale ID: 634146

Platinum Business Sales