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

Newsagency - City Fringe

\nNewsagency - City Fringe - Agent SBX Code Number: M1514

Full newsagency selling newspapers, magazines, lotto etc. The magazine supply territory includes Sydney University- 2 bedroom residence upstairs.

Potential
Suit family. Sales will increase due to the population increasing in the area.

Features
Highly visible business. - Long established business. - Newly renovated. - Very cheap rent with long lease.

Premises
Refurbished shop with an area of 80 sq. mts. plus 2 bedrooms upstairs in good condition.

Location
Situated on main road City bound with huge amounts of traffic.

Trading Hours
7 days - Mon. - Fri. - 650 a.m. - 600 p.m. -Sat. - Sun. - 700 a.m. - 100 p.m.

Lease
4 years remaining on current lease - C.P.I.increases - 2 months bond. - New lease available.

Employees
2 owners.

Comments
This is solid and well priced business. The rent of shop is only $470 per week. Rent of 2 bedroom residence is $382.

Figures
Weekly Sales $19000
Rent (ex GST) $470
Wages $0
Profit $2200

Agent SBX Code Number: M1514 - SBX Business Brokers

Summary »

  • Business Category: Food/Hospitality
  • Business Sub Category: Takeaway Food
  • 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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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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