For Sale $80,000
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 $80,000

Business Details

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.

Potential
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.

Features
Well established for many years. Good area Very stable business.

Premises
Very spacious store with an area of approx. 300 sq.mts.

Location
Prime street front location in busy shopping strip close to railway station and cinema in City fringe.

Trading Hours
7 days - 7 a.m. - 7 p.m.

Lease
Expires February 2016. - Possible relocation.

Employees
2 owners

Comments
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.

Figures
Weekly Sales $40000
Rent (ex GST) $6125
Wages $0
Profit $2500

Agent SBX Code Number: M1638 - 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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