For Sale $148,000
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 $148,000

Business Details

Retail - Variety - Gifts - Homeware - Central Coast

\nRetail - Variety - Gifts - Homeware - Central Coast - Agent SBX Code Number: F2974

Retail variety store selling gifts, cards, glassware, crockery, toys, homewares,party,kitchenware,pet and general basic every day lines.Spectacular location for both tourist trade and local residents. - The business is in excellent condition and presents beautifully. - This is the first time the business is on the market and a must to inspect.The figures shown are for an owner operator.Price just reduced and keen vendor motivated to sell as he has other business interests.Financial figures are available.Wont last at this price.

Potential
Rename business. - kick start advertising and marketing.

Features
Established 14 years . Huge shop front. Long lease. Great location. Strong weekend trade all year and fantastic summer and holiday trade. Well known in the area. - Run under full management.

Premises
Huge shop front on main street with a total area of 700 sq. mts.

Location
Central coast prime holiday location.

Trading Hours
7 days - Mon. to Sun. - 9.00 .a.m. - 5 p.m. plus longer trading hours in Summer .

Lease
11/3/2013 - 2019 plus 6 year option.( Note 2 leases) Three month bond plus ten percent.

Employees
Two full timers + one part-timer and other casuals depending on times of year. Profit is based on two owners working in the business.

Comments
Business name not for sale. Two leases (one for large shop 600 m2. - One for small shop 100sqm2. - Please do not approach the staff under any circumstances. - contact your broker for further information. - Due to the business being under management a two page confidentiality must be signed to ensure staff are not disturbed. - Same owners for 14 years live in Sydney and the business has always been run without the need for them to be there. Purchase now and take advantage of peak SCHOOL HOLIDAY PERIOD IN SEPTEMBER AND THEN EXTENDED XMAS,NEW YEARS,SUMMER JANUARY AND AUSTRALIA DAY BUMPER SALES EVENTS/PERIODS.

Figures
Weekly Sales $20000
Rent (ex GST) $3450
Wages $2000
Profit $3845

Agent SBX Code Number: F2974 - SBX Business Brokers

Summary »

  • Business Category: Food/Hospitality
  • Business Sub Category: Retailer
  • 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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