For Sale $549,000
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 $549,000

Business Details

Retail - Alterations - Wedding - City

\nRetail - Alterations - Wedding - City - Agent SBX Code Number: S1114

Retail - alterations - One of the well known alterations shops in Sydney. - This business has a large number of upmarket clothing boutiques and celebrities as its customers. - A large part of its alterations is for the high margin wedding industry.

Potential
A great opportunity.

Features
A very successful website. - A tailored computer system which is well advanced. Very profitable. - Huge growth. - This business is expected to double their nett profit to $350 - $400,000 per annum.

Premises
This business has an area of 100 sq. mts.

Location
Situated in Sydney C.B.D.

Trading Hours
6 days - Mon. - Fri. 8 a.m. - 6 p.m. Sat. 9 a.m. - 3 p.m.

Lease
February 2012 3 x 3 year lease.

Employees
1 owner + 6 full time employees.

Comments
They have recently commenced selling second hand wedding dresses on line. Current staff have been with the business for over 3 years. Full training provided.

Figures
Weekly Sales $9500
Rent (ex GST) $800
Wages $2601
Profit $4100

Agent SBX Code Number: S1114 - SBX Business Brokers

Summary »

  • Business Category: Food/Hospitality
  • Business Sub Category: Retailer
  • Business Ownership: Freehold
  • Lease Options: 2 x 5 years
  • Floor Area Retail Office: 50.00
  • Lease Basis Of Rent Review: CPI Annually
  • Value Of Work In Progress: $1000
  • Written Down Plant Equipment: 10000
  • Equipment Lease Hire Purchase: 20000
  • Wages Proprietors Family: $20000
  • Wages Staff: $20000
  • Expenses: $3900
  • Earnings Before Interest Tax: 4% p.a.
  • Debtors: $5000
  • Creditors: $5000
  • Business Selling Price: $549000
  • Trading Hours: 6 days - Mon. - Fri. 8 a.m. - 6 p.m. Sat. 9 a.m. - 3 p.m.
  • Operating Days: 5.5
  • Number Of Staff Members: 5
  • Buying Group: Acme medical
  • Licenses And Permits: Medical centre
  • Licenses And Permits: Acme accountants
  • Solicitor Details: Acme solicitors
  • Name Tradmarks IP Transferable: YES
  • Copy Of Menu Services: YES
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Enquire

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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