For Sale $220,000
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 $220,000

Business Details

Newsagency - South Sydney

\nNewsagency - South Sydney - Agent SBX Code Number: BA1004

Full newsagency selling newspapers, magazines, lotto, cards, books, stationery, drinks, cigarettes, confectionery. - New lotto equipment and fit out worth $20,000 just installed. - 7 sub newsagents - Paper delivery - Mon. - Fri. - 270 - Sat. - 340. - Sun- 450.

Potential
Could increase range of products to include more stationery, mobile phone and other extras

Features
Steady business in unbeatable location.

Premises
Tidy and secure shop with an area of 80 sq. mts.

Location
Situated in suburban shopping centre immediately alongside train station entrance.

Trading Hours
7 days - Mon. - Fri. - 5.30 a.m. - 6 p.m. - Sat. - 6 a.m. - 4 p.m. - Sun. - 6 a.m. to 12 noon

Lease
5 years + 5 year option commenced April, 2012 - C.P.I. increases - Bond $10000

Employees
Currently a husband and wife + 1 delivery driver

Comments
Local suburban newsagency with massive up-side for fresh new owners who can steer this business with a modern retail approach

Figures
Weekly Sales $32140
Rent (ex GST) $1248
Wages $500
Profit $5236

Agent SBX Code Number: BA1004 - 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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