Food/Hospitality for sale
Newsagency - City Fringe
\nNewsagency - City Fringe - Agent SBX Code Number: M1638
Full newsagency selling newspapers, magazines, confectionery, stationery, lotto, a large range of cards and gifts. Lotto sales approx. $19,000 per week. - Large shop. - Large storage room. - One bedroom upstairs.
The vendor does not want to sign a new lease due to the high rent. The potential purchaser could relocate in the same street using the local newsagency licence. - Finding a cheaper premises would increase profit.
Well established for many years. Good area Very stable business.
Very spacious store with an area of approx. 300 sq.mts.
Prime street front location in busy shopping strip close to railway station and cinema in City fringe.
7 days - 7 a.m. - 7 p.m.
Expires February 2016. - Possible relocation.
This is great cashflow business for owner operators. - Total rent is $28,000 per month. - Sub-lease to Jewellery business rented at $1450 per month. - Owner very keen to sell and is priced for a quick sale. - Price negotiable.
Weekly Sales $40000
Rent (ex GST) $6125
Agent SBX Code Number: M1638 - SBX Business Brokers
- 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