For Sale $1,750,000
SBX Business Brokers

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

Food/Hospitality for sale


For Sale $1,750,000

Business Details

Supermarket - Cafe - Freehold - South Coast N.S.W.

Supermarket - Cafe - Freehold - South Coast N.S.W. - Agent SBX Code Number: G1462U

Freehold which includes supermarket offering groceries, fruit & vegetables, chemist and standard supermarket items. - Also includes bottle shop, N.S.W. lotto agency and 3 pump fuel station. - 30 seat cafe with separate access from shop with outdoor seating area is currently leased. - Final option period is due to expire in Sept 2015, so opportunity exists for owner operator to renegotiate lease. - It also includes a small Real Estate Agents office that is rented. - Owner prefers to sell the freehold but will consider selling the leasehold for the supermarket at approx. $700K.

Potential The area experiences significant influx of people on weekends and holiday periods. - In Dec/Jan there would be about 7000 people. Features Long standing local business. - Lifestyle location. - The store has previously won awards for lottery sales being in the top 5 in the state for regional sales. Premises This business has an area of 250 sq. mts. plus stockroom. Location Situated on the South Coast of N.S.W. in a seaside location. approx. 2.5 hours south of Sydney. Trading Hours 7 days - Shop - Sun.- Thurs. -7 a.m.- 6.30 p.m.- Fri. & Sat. 7 a.m. - 7 p.m. - Cafe - 9 a.m.- 3 p.m. -Tourist season - 9 a.m. -6 p.m. Lease Vendor prefers to sell as Freehold. Employees 1 owner + casual staff Comments The premises being offered also includes a comfortable 2 bedroom residence with ocean views located on top of shop, which could be lived in by new owners or used as another rental income of approx. $250 p.w. - The cafe pays 20% of outgoings & Real Estate office pays 10%. Figures Weekly Sales $30000 Rent (ex GST) $0 Wages $1356 Profit $4788
Agent SBX Code Number: G1462U - SBX Business Brokers

Summary »

  • Business Category: Food/Hospitality
  • Business Sub Category: Cafe/Coffee Shop
  • 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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