For Sale $360,000
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 $360,000

Business Details

Newsagency - Newcastle Area

\nNewsagency - Newcastle Area - Agent SBX Code Number: M1615

Full newsagency selling newspapers, magazines, cards, books, stationery, postage etc. -Lotto sales $800k - Newsagency and magazine yearly profit is $150k.

Potential
Ideal for owner operator or investor.

Features
Low rent. Solid income. No competition. Loyal customers.

Premises
Well presented shop with an area of 144 sq. mts.

Location
Good location in shopping village.

Trading Hours
6.5 days. - Mon. - Fri. - 500 a.m. - 600 p.m. - Sat. - 600 a.m.- 400 p.m. - Sun. - 600 a.m.-1200 p.m.

Lease
5 + 5 year lease commenced 2011. - C.P.I increases - 3 month bond.

Employees
2 owners plus staff.

Comments
The above figures shown are based on 2 fulltime owners working in the business. - Current parttime working owner pays $4000 wages per week. - Full financial figures available. - The lotto commission of $75,252 can cover yearly rent.

Figures
Weekly Sales $40000
Rent (ex GST) $1000
Wages $1500
Profit $4000

Agent SBX Code Number: M1615 - 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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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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