For Sale $99,000
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 $99,000

Business Details

Retail - Manufacturer - Framing - City Fringe

\nRetail - Manufacturer - Framing - City Fringe - Agent SBX Code Number: SD1077

Retail supplier of framing services to corporate, government and private customers with a database of over 10,000 customers. - All frames are made-to-order and made in-house.The vendors are renowned for the quality of their products and accordingly, 65% of their sales are from repeat business.

Potential
Could upgrade website - expand into gallery services - increase high-tech printing - fulltime working owner will optimise sales and cut costs

Features
Prime location. - Well established since 1979 - No.1 framing supplier for City & fringe- Database of 10,000 customers.

Premises
2 storey heritage listed shop with retail/display area downstairs & workshop, office and bathroom upstairs and a total area of 125 sq.mts.

Location
Prime street-front location on City fringe with good pedestrian traffic

Trading Hours
5.5 days - Mon. - Fri. - 9 a.m. - 5.30 p.m. - Sat. - 9.30 a.m. - 12.30 p.m.

Lease
New lease available with flexible term - C.P.I.increases - 3 month bond

Employees
2 parttime owners - 1 fulltime employee - 1 parttime employee

Comments
The above wages figure is based on 1 fulltime working owner.- Financials available for genuine buyer.

Figures
Weekly Sales $7000
Rent (ex GST) $1480
Wages $1240
Profit $2200

Agent SBX Code Number: SD1077 - 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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