MENU
Properties
Selling
Contact Us
MENU
-
Properties
-
Selling
-
-
Contact Us
SOLD
* Average Total Revenue last 5 years: $5.97M per annum
* Average Net Profit last 5 years: $318,000
* Monthly rent: $3000 plus GST
* S.A.V. ~ $200,000
Established over 20 years and located next to Coles in the Grafton Food Emporium (Grafton Mall) located on the corner of King, Queen & Pound Streets.
The mall is widely regarded as one of the best pedestrian and vehicular access malls of its type in regional NSW.
Traditional format - smokes shop with giftware and confectionary lines.
Cheap rent of $35 000 per year plus GST and virtually no outgoings. Current owners are about to exercise their next 5 year option to take effect June 2020.
Superb sales figures with turnover of $6.35M last financial year (up from $5.84M the previous year) and net profits of $430 000 for FY2019.
This is an excellent business for a husband and wife team with our current vendors working modest hours with support from 3 long term casual staff (all happy to stay on for new owners).
Current opening hours are M-F 7.30am - 6pm, Sat 7.30am - 2pm, Sun 8am - 4pm.