For Sale $499,950
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 $499,950

Business Details

Takeaway - Sandwiches - City

\nTakeaway - Sandwiches - City - Agent SBX Code Number: Q1146

Takeaway selling a huge variety of sandwiches and salads to office workers and CBD visitors. Security cameras monitor the cash tills.

Potential
Two shops offered together for sale with each having its own lease. Although the second shop does not have a kitchen, the two shops complement each other and are equally profitable.

Features
Excellent position in famous CBD food court. Attractive presentation.

Premises
Two shops with a total area of 86 sq. mts.

Location
Situated in busy CBD foodcourt

Trading Hours
7 days - Mon/Tues/Wed/Fri - 7.00 am-6.00 pm. - Thurs - 9.00 pm. Sat/Sun- 8.00 am-6.00 pm

Lease
1 year left on main shop. 3 years left on second shop.Both leases expire March 2015 and are up to negotiation.

Employees
1 owner + 15 casuals - 3 in kitchen and others serving.

Comments
Only one business owner works in the two shops, and profits would benefit enormously if a husband wife team or couple owned it because wages would decrease as a result significantly. Equipment included $30,000 including till security cameras.

Figures
Weekly Sales $52000
Rent (ex GST) $11000
Wages $13270
Profit $9000

Agent SBX Code Number: Q1146 - SBX Business Brokers

Summary »

  • Business Category: Food/Hospitality
  • Business Sub Category: Takeaway Food
  • Business Lease: $26,000.00
  • Business Ownership: Freehold
  • Lease Options: 2 x 5 years
  • Floor Area Retail Office: 50.00
  • Attached Dwelling: YES
  • Copy Of Title: 1
  • 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: $10000
  • Earnings Before Interest Tax: $1100000
  • Earnings Before Interest Tax: 4% p.a.
  • Debtors: $5000
  • Creditors: $5000
  • Business Selling Price: $300000
  • Business Property Price: $300000
  • Property Selling Price: 300000
  • Trading Hours: 9am-5pm mon-fri.
  • Operating Days: 5.5
  • Number Of Staff Members: 5
  • Buying Group: Acme medical
  • Franchise Agreement Fees: NO
  • 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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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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