For Sale $70,000
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 $70,000

Business Details

Retail- Accessories- Sunglasses -Jewellery - Fashion - Newcastle Area

\nRetail- Accessories- Sunglasses -Jewellery - Fashion - Newcastle Area - Agent SBX Code Number: GA1005

Retail kiosk selling costume jewellery, body Jewellery, fashion accessories, sunglasses, cosmetics, watches & scarves at very affordable prices. - Huge mark ups. - display counters, showcases, shelving and racks.

Potential
Store is currently poorly managed, poorly displayed and under stocked. - It would be perfectly suited to an owner operator. - Permission has been given for the new owner to expand the product range and buy from other suppliers.

Features
Easy to run. - Prime location. - Well established with steady sales over past 3 years. - Very low overheads. -Huge mark ups. - Brilliant 1st business opportunity. - Great scope for expansion.

Premises
Well designed and thought out kiosk operation with an area of 18 sq. mts.

Location
Situated on ground floor of busy shopping centre next to major supermarket with high foot traffic.

Trading Hours
7 days - Mon.- Tues. - Wed. - Fri. - 9 a.m. - 5.30 p.m. - Thurs. - 9 a.m.- 9 p.m. - Sat. - 9 a.m. - 5 p.m. - Sun. - 10 a.m. - 4 p.m.

Lease
5 year lease commenced August, 2012 - 5% increases p.a.

Employees
1 Manager + 1 casual

Comments
Great opportunity to go into business for yourself. - Very easy to run. -Profit shown is for an owner operator. - currently run under management. - There are 7 stores so far in NSW.

Figures
Weekly Sales $3500
Rent (ex GST) $1510
Wages $200
Profit $969

Agent SBX Code Number: GA1005 - 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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