Northland Liquor Store - Fastest Growing Region

Far North

$285,000

Proposed Usage
Tourism & Hospitality
Description:
Property ID
1c71sw1

Situated on the main state highway to Northland, the fastest-growing region in the country as per the latest census figures from 2018, this liquor store is available for sale with multiple income streams - gaming, bar and accommodation.

Business Highlights:

* Turnover averaging $25,000 per week from the liquor store, achieving $53,000 in one week.
* Additional income from 6 gaming machines.
* Bar is averaging around $2,600 per week.
* High gross profit margins from the liquor store and bar.
* Fully staff managed.
* Ample car parking on site.
* Long and secure lease will be provided with reasonable rent.

The vendor has advised that total rent for the liquor store, bar, cafe and apartments is $78,000 per year. The two apartments upstairs are generating a minimum rental income of $35,000 which, in return, reduces the total rent to $43,000 per year for the liquor store, bar and cafe. The vendor is happy to do a 3 month rent-free period for the new owners.

This is a golden opportunity to purchase a business in the fastest-growing region in the country with attractive tourist destinations.

Be in touch with Khush - 022 373 8555 to learn more.

Price $285,000 + estimated stock value $50,000

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