For Sale $400,000
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 $400,000

Business Details

Retail - Clothing Alterations - Lower North Shore



Retail - Clothing Alterations - Lower North Shore - Agent SBX Code Number: FS1029

Retail clothing alterations including mending and repairs, and also retail. - They work with all the clothing retail shops in Lower North Shore area. - High profit margin with well trained staff.

Potential
Expand on clothing retail business.

Features
Very well known business. - Well established. - Excellent cash flow. - 6 days.

Premises
This business has an area of 117 sq.mts.

Location
Situated on the first floor of a busy shopping street in Lower North Shore.

Trading Hours
6 days - Mon. - Fri. - 900 a.m.- 530 p.m. -Sat . - 900 a.m. - 500 p.m.

Lease
Current lease expires on 2017. - Landlord will be happy to grant a new lease. - 4 % rent increases annually. - 2 months bond requested.

Employees
One owner + 5 casuals. - Under semi management.

Comments
The owner now only works on front desk to help. Experienced operator could save on wages. - High profit margin with good cash flow.

Figures
Weekly Sales $10000
Rent (ex GST) $756
Wages $4400
Profit $4454

Agent SBX Code Number: FS1029 - 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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