Liquor Store - North Auckland

Auckland City

$210,000

Proposed Usage
Retail
Description:
Property ID
1bz3zsh

A terrific opportunity available to buy a brand new liquor store in a lifestyle location in North Auckland. This is a very spacious store with immaculate presentation. Brand new, high quality chattels.

The business is surrounded by big retail brands and located in a busy shopping complex with plenty of parking, with short trading hours.

A long lease has been signed with very cheap rent of $27,715 plus GST per year, $5,000 of which is returned from ATM rental. Trading has only just started and the vendor has confirmed that the first weeks turnover was nearly $10,000 and almost 50% of that was wine sales. The second weeks sale are reported over $12,000. Vendor is expecting turnover of $20,000 within a year.Vendor is expecting turnover of $20,000 within a year.

The vendor is selling reluctantly due to other business commitments.

Perfect opportunity to buy an entry level store with low overheads and have capital gain in the near future!

Price $210,000 + estimated stock value $70,000.

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