For Sale $375,000
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 $375,000

Business Details

Newsagency - Upper North Shore

\nNewsagency - Upper North Shore - Agent SBX Code Number: F2932

Full newsagency selling magazines, newspapers, confectionery, cards. etc. High sales of lotto. -There are only two major sub newsagencys. - No other deliveries. - First time on market this business is a must to inspect. - Full financial information is available from the vendor after meeting for serious buyers only.

Potential
To add giftware. - Due to another news agency nearby closing in eight months time sales turnover should increase further.

Features
Three times award nomination for newsagency of the year NSW. - High ranking retailer of major card supplier in NSW. - Top newsagency stationery supplier in NSW. - High ranking sales turnover for lotto. - Full financial figures are available.

Premises
Large modern fitout approximately 210 sqm in size.

Location
Prime location with high pedestrian traffic and wide retail frontage in very busy shopping centre.

Trading Hours
7 days - Shopping centre hours but opening 8 a.m. in the mornings and closing 9 p.m. on Thursdays.

Lease
Current rent is under rental review. - the rent shown is the new reduced rent subject to lessor approval currently under negotiation.

Employees
One owner plus casuals as required.

Figures
Weekly Sales $65351
Rent (ex GST) $6673
Wages $2083
Profit $4193

Agent SBX Code Number: F2932 - 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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