For Sale $150,000
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 $150,000

Business Details

Newsagency - Newcastle Area

\nNewsagency - Newcastle Area - Agent SBX Code Number: CB1090

Newsagency selling a wide range of products including papers, magazines, cards, office supplies, gifts, DVDs and toys. - Huge demand for cold drinks, ice creams and confectionery, and stocking cigarettes, milk, bread and everyday items. - Great returns from Lotto, and steady returns from ATM and phone cards - No deliveries.

Potential
Could install coffee machine - Suit couple -Expand sales area by removing back wall - landlord approved.

Features
Excellent Lotto sales - Well established in area - Great range of products - Close to beach - Caters to a large local school population.

Premises
Attractive older style air conditioned building recently refurbished with an area of 75 sq. mts.

Location
Ideally located in near proximity to schools and only 500m to surf beach

Trading Hours
7 days - Mon. - Fri. - 6.00 a.m.- 5.00 p.m. - Sat. - 6.00 a.m.- 1.00 p.m. - Sun. - 6.00 a.m. - 11.00 a.m.

Lease
New lease commenced Sept. 2013 - Expires Sept. 2016 + 3 + 3 - C.P.I. increases - Bond 1 month

Employees
1 fulltimer + 1 casual

Comments
Lotto sales exceed 10,000 p.w. - Supplies 5 sub -agents - Tower computer system installed recently - All stock is up to date. - CCTV installed plus alarm system - Fridges remain property of suppliers.

Figures
Weekly Sales $18200
Rent (ex GST) $550
Wages $770
Profit $1920

Agent SBX Code Number: CB1090 - 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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