For Sale $550,000
SBX Business Brokers

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SBX Business Brokers
1/564 Pacific Highway,
St Leonards, NSW 2065

Food/Hospitality for sale

VIC

For Sale $550,000

Business Details

Newsagency - Tobacconist - North Melbourne

Newsagency - Tobacconist - North Melbourne - Agent SBX Code Number: GVC1006

Newsagency with tattslotto agency takings of 75% p.w. and cigarettes / tobacco takings of 20% p.w. - There is also the card/gift/wrapping section which takes the remainder.

Potential Could grow the gift section to further increase sales with an additional staff. - Can be opened for seven days. Features Easy to run. Popular with the local community. Premises This business has an area of 200 sq. mts. Location Prime location on busy shopping strip on main road close to public transport Trading Hours 6 days - Mon. - Sat. - 6 a.m. - 7 p.m.Sunday Closed Lease 4 + 4 + 4 (a new lease agreement commenced October 2013) Employees 2 owners + 2 parttimers Comments Excellent opportunity for an investor. - The business has been operating for over thirteen years and has provided the present owners with good profit margin. - Would suit someone with family support or a business partnership. Figures Weekly Sales $52155 Rent (ex GST) $567 Wages $350 Profit $1770
Agent SBX Code Number: GVC1006 - 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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