For Sale $160,000
SBX Business Brokers

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SBX Business Brokers
1/564 Pacific Highway,
St Leonards, NSW 2065

Food/Hospitality for sale

NSW

For Sale $160,000

Business Details

Retail - Shoe Repairs -Shoe Accessories -Wholesale - Eastern Suburbs

\nRetail - Shoe Repairs -Shoe Accessories -Wholesale - Eastern Suburbs - Agent SBX Code Number: FA1012

Wholesale shoe accessories and all ancillary shoe products. + leather shoe repairer to major clients including Myers and David Jones and well known shoe retailer. - Also has agencies all over Sydney and NSW + key cutting and engraving service which contributes 7% of total turn over. - The ground floor operates as a jeweller and watch repairer. - Accounting MYOB which holds client database will stay with the business plus Toyota vehicle worth $8,000

Potential
Business can be expanded taking on more agencies NSW and interstate. - Specialist mfg. of hand bags, leather coats and accessories, belts etc

Features
Well established. - Well known reputation for the highest quality workmanship in shoe repairs and repairs of all leather products.

Premises
Three level 1896 heritage building. - Basement used as the operations repairs and manufacturing of leather goods and houses all the machinery that is needed. - Ground floor entrance to the premises plus 20% sub leased to Watch Repairer and Jewellery tenant REST floor space as a Showroom for all accessories and leather goods plus the shelving to storage repaired goods and a Customer Service Counter. - First floor main office and storage for raw materials retail goods

Location
Top superb location operating for 38 years in the same building in Eastern Suburbs.

Trading Hours
7 days - Mon. - Fri. - 8 a.m. to 5.30 p.m. - Thurs .- 6 p.m. - Sat. - 8 a.m. - 4 p.m. - Sun. - 10 a.m. - 4 p.m.

Lease
Excellent leasing terms with the landlord willing to grant new lease 3 + 3 year lease.

Employees
2 owners (casual) + 2 fulltimers + 1 casual (All staff are happy to stay on).

Comments
Importers of the finest leather and accessories from across the world and France used in mfg of shoes and leather accessories on the premises. - The business operates on three floors - retail on the ground floor - warehousing on the first floor and manufacturing on the lower ground floor. All offers considered.

Figures
Weekly Sales $11770
Rent (ex GST) $2177
Wages $1550
Profit $3361

Agent SBX Code Number: FA1012 - SBX Business Brokers

Summary »

  • Business Category: Food/Hospitality
  • Business Sub Category: Retailer
  • Business Lease: $26,000.00
  • Attached Dwelling: YES
  • Copy Of Title: 1
  • Expenses: $10000
  • Earnings Before Interest Tax: $1100000
  • Business Selling Price: $300000
  • Business Property Price: $300000
  • Property Selling Price: 300000
  • Trading Hours: 9am-5pm mon-fri.
  • Franchise Agreement Fees: NO
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SBX Business Brokers
1/564 Pacific Highway,
St Leonards, NSW 2065

Phone: 02 9439 4403
Fax: 02 9439 5944

SBX Business Brokers
Phone: 02 9439 4403

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