For Sale $160,000
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 $160,000

Business Details

Newsagency - Groceries - South West

\nNewsagency - Groceries - South West - Agent SBX Code Number: SV1017

Newsagency - convenience store selling lotteries, stationery, newspapers, magazines, groceries, cold and soft drinks, pies and coffee, etc. - It also provides the service of Western Union money transfer. - CCTV and alarm system installed.

Potential
Good opportunity to grow the business more.

Features
Established 40 years. - Regular customers.

Premises
This business has an area of 50 sq. mts.

Location
Situated on busy main road amongst local shops.

Trading Hours
7 days - Mon. - Fri. - 7 a.m. - 6 p.m. - Sat. - 7 a.m. - 5 p.m. - Sun. -7 a.m. - 3 p.m.

Lease
New 3 + 3 year lease commenced Feb. 2014 - Expires Feb. 2017 - . Bank guarantee $1668 (1month). - C.P.I. increases.

Employees
1 owner + 1 casual

Comments
Full agent of newspaper deliveries with 13 sub-agents. - Has sold $237,887 of NSW Lotteries in the last 3 quarters.-Weekly takings includes the sale of lotteries. -

Figures
Weekly Sales $10500
Rent (ex GST) $350
Wages $420
Profit $1900

Agent SBX Code Number: SV1017 - 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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