For Sale $218,000
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 $218,000

Business Details

Newsagency - South West Syd.

\nNewsagency - South West Syd. - Agent SBX Code Number: F2730

Newsagency with full lotto and selling magazines, newspapers, milk, drinks, phonecards, stamps, toys, novelties, Western union, cigarettes , ezipay. - Tower computer system is currently being used for point of sale, stock control, home delivery and sub agents. - The business currently has six sub newsagents. - Approximate deliveries per day 145 Saturday 199 and Sunday 340.- Lotto total sales commission approx. $110,000. per annum.Wide range magazine titles and broad range stationery supplied to local businesses and the general public.

Potential
To add more product lines to the business.

Features
Well established. Figures available. Same owner 9 years. Nice fitout.

Premises
Large premises with an area of approx. 200 square meters in size.

Location
Prime Location. Situated in central position in main street of shops, local and Government Businesses. Near railway station and public car park

Trading Hours
7 days - Mon. to Fri. - 6.30 a.m. - 6 p.m. - Sat. - 7 a.m. - 2 p.m. - Sun. - 7 a.m. - 12 p.m.

Lease
Current lease expires 02.2015. - The vendor is currently negotiating a further 5 year option to the lease. c.p.i annual rental increases.

Employees
The business is run by husband and wife.

Comments
Fixtures and fittings are extra to the advertised asking price. - Approximate value $135, 000 - Miscell. 1 of $640 = sub agents costs and delivery expenses.

Figures
Weekly Sales $83693
Rent (ex GST) $1423
Wages $0
Profit $2678

Agent SBX Code Number: F2730 - 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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