For Sale $335,000
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 $335,000

Business Details

Newsagency - Wollongong - Illawarra

\nNewsagency - Wollongong - Illawarra - Agent SBX Code Number: BM1033

Full newsagency with lotto, stationery, extensive giftware range and full range of greeting cards. - Gift shop and stationery sales are already 50% of turnover. - No deliveries - Lotto commission is $1500 p.w. included in the weekly turnover.

Potential
Needs new owner operator to fully develop the potential of the business

Features
Large shop allowing for expansion of current retail offering - Easy to run. - Brand new $400k fit out.

Premises
This business has an area of approx 130 sq.mts.

Location
Ground floor of a major shopping centre in CBD opposite major supermarket.

Trading Hours
7 days - Mon. - Wed. - Fri. - 830 a.m. - 5.30 p.m. - Thurs. - 830 a.m. - 9 p.m. - Sat. - 9 a.m. - 4 p.m. - Sun. - 10 a.m.- 4 p.m.

Lease
5 year lease with CPI increases

Employees
1 owner + casuals as required

Comments
This business is being marketed, not on current trading figures, but on the potential of increasing the gift shop and stationery side of the business. - Staff are not to be alerted that business is for sale

Figures
Weekly Sales $25500
Rent (ex GST) $3305
Wages $600
Profit $1920

Agent SBX Code Number: BM1033 - 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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