For Sale $350,000
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 $350,000

Business Details

Newsagency - Retail - Eastern Suburbs



Newsagency - Retail - Eastern Suburbs - Agent SBX Code Number: G1532

Newsagency selling Lotto, newspapers, magazines, stationery, tobacco, opal cards, phone & sim cards, phone accessories, soft drinks & confectionery etc. - fax & photocopy service & parcel agent. - Lotto commission is approx. $37,500 pa.

Potential
Large major supermarket is being built directly opposite which will increase customer traffic in the area. - Trading hours could be extended.

Features
Well established business. - Great location. - Large sales of cards & stationery. - Low rent. - Regular customer base. - Same owner 11 years.

Premises
This business has an area of approx 60 sq.mts

Location
Situated in an upmarket & busy Eastern Suburbs shopping strip, surrounded by shops, cafes & residential.

Trading Hours
7 days - Mon. - Fri. - 600 a.m. - 600 p.m. - Sat. - 600 a.m. - 300 p.m. & Sun. 600am - 100pm

Lease
3 year + 3 year lease expires Feb, 2018 - new lease could be made available.

Employees
2 owners (husband & wife) + 1 casual

Comments
Miscell. 1 = Sub-agents - Commission. - Miscell. 2 = Assorted other expenses

Figures
Weekly Sales $21053
Rent (ex GST) $846
Wages $350
Profit $3000

Agent SBX Code Number: G1532 - 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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