For Sale $298,000
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 $298,000

Business Details

Newsagency - Retail - City Fringe

\nNewsagency - Retail - City Fringe - Agent SBX Code Number: F3004

Newsagency selling a huge selection of magazines, all the daily papers, greeting cards, drinks, confectionery, cigarettes, opal cards, phone recharge vouchers, wrapping paper and many other stationery items. - Deliveries are minimal and under 100 per day. - Lotto income is approx. $45000 per annum. - Weekly sales include approximately $9000 of lotto sales.The asking price is negotiable.

Potential
There is potential to add other stock items to the existing stock inventory held.

Features
Established many years. - Low rent - Same owner 11 years. - Regular customers.

Premises
These premises are clean and very tidy with an area of 75 sq. mts.

Location
Prime street front location close to major railway station in the City fringe.

Trading Hours
6.5 days - Mon. - Fri. - 5.30 a.m. - 5 p.m. -Sat. - 6 a.m. - 3 p.m. - Sun. - 6 a.m. - 11 a.m.

Lease
A new 3 year lease commenced Oct. 2014 + a further three year option - 1 month bond.

Employees
The business is operated by a husband and wife team.

Figures
Weekly Sales $25000
Rent (ex GST) $843
Wages $0
Profit $2733

Agent SBX Code Number: F3004 - 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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