For Sale $260,000
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 $260,000

Business Details

Sub Newsagency - Retail - Western Suburbs

\n Sub Newsagency - Retail - Western Suburbs - Agent SBX Code Number: FG1009

Sub news agency selling magazines,newspapers, cards, stationery, confectionery -Weekly turnover of $42,770 includes lotto sales of $25,000 per week with weekly revenue from lotto being approx. $2,500 p.w. - Cigarettes sales $3,000 per week and selling a lot of soft drinks in summer. - No deliveries or sub agents.

Potential
Could open longer hours and add more products e.g. gifts.

Features
Well established business. - Top fitout - Strong local support - Easy operation - No competition.

Premises
Well presented shop with good size storeroom and office and an area of 120 sq. mts.

Location
Situated in busy shopping centre near large commercial offices and bus stop.

Trading Hours
7 days - Mon. - Sat. - 7 a.m. - 6 p.m. - Sun. - 7 a.m. to 1 p.m.

Lease
Current lease expires September, 2016 + 5 years option. - C.P.I. increases - 1 month bond.

Employees
Two owners working full time - No staff.

Figures
Weekly Sales $42770
Rent (ex GST) $1292
Wages $0
Profit $3500

Agent SBX Code Number: FG1009 - SBX Business Brokers

Summary »

  • Business Category: Food/Hospitality
  • Business Sub Category: Retailer
  • Expenses: $1485
  • Business Selling Price: $260000
  • Trading Hours: 7 days - Mon. - Sat. - 7 a.m. - 6 p.m. - Sun. - 7 a.m. to 1 p.m.
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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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