For Sale $120,000
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 $120,000

Business Details

Newsagency - South West

\nNewsagency - South West - Agent SBX Code Number: M1639

Full newsagency selling newspapers, magazines, confectionery, stationery, cards etc. - Lotto sales around $8,000 per week with commission approx. $700.

Potential
Could add new Nparcel business.- Could add grocery items to increase the sales due to next door mixed business closing down.

Features
Well established for 40 years. Very low rent. Stable income. Potential plus. Residence attached.

Premises
Clean and tidy shop with an area of 60 sq.mts plus 3 bedrooms upstairs with separate entry.

Location
Situated on main road in residential area.

Trading Hours
7 days - Mon. - Fri. - 530 a.m. - 545 p.m. - Sat. - Sun. - 630 a.m. - 1230 p.m.

Lease
1 years left on current lease. - New 5+5 lease available.

Employees
2 owners

Comments
Has 7 sub-agents. - Newspaper delivery Mon. - Fri. - 180. - Sat. - 280. - Sun. - 450 - Lotto profit covers rent. - Extra income of $260 from rented 2 bedroom residence upstairs.

Figures
Weekly Sales $14500
Rent (ex GST) $680
Wages $0
Profit $2200

Agent SBX Code Number: M1639 - 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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