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Glendalough Liquor Store

Business for Sale
Glendalough Liquor Store
Perth WA

For Sale $590,000 Leasehold This business has quite a diverse range of customers and there is a need to cater for a large cross section of Liquor consumers. This is a very popular liquor store.

Under Offer

Price 590,000 +PSAV

Glendalough Liquor Store

Stock Included:
Stock Value:
Years Est:
Gross Revenue:

Price $590,000 Bottle O Buying Group Adjusted Net Profit $170,000 Turnover $1,650,000 ROI 24% Price Breakup Cap rate 33.3 = Goodwill x 3 = $510,000 Licence, Plant and Equipment = $190,000 Rent $103,270.00 per year. Approximately 7% of Turnover. Business Profile The business is a retail liquor store, located at Shop 16 Glendalough Shopping Centre – Harbourne St Glendalough. The shopping centre is positioned at the intersection of two major thoroughfares and adjacent to a Mitchell Freeway on and off-ramp. As well as having a high volume of passing traffic, the area favours a business such as this as it has a comparatively high residential population density (a large number of unit developments) and an established but still fast growing, commercial/light industrial area in the Herdsman Business park and Osborne Park district. The business has quite a diverse range of customers and there is a need to cater for a large cross section of Liquor consumers, from the discerning single malt or expensive wine buyer to the youthful premix and cider drinker. There is also a definite skew towards premium boutique beers which could also open up a value add (high margin) opportunity to extend the range and offer a boutique beer destination. There is also a huge opportunity to tap the corporate market with the influx of many large corporations and government departments starting to populate the Herdsman Business precinct. . The Shopping centre is anchored by an IGA supermarket and includes a large Caltex service station, franchised & non-franchised food outlets, a 777 pharmacy, and a newsagent, in addition to some other specialty retailers. The Shopping centre and the Liquor Store have excellent access from both directions and offer excellent signage opportunity. Trading Hours 1Mon – Sat 9.30am – 8.30pm and Sunday 10am – 7pm

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Contact: Rob Franklin
Mobile: 0403 380 061
Bsale ID: 69995

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