For Sale $175,000
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 $175,000

Business Details

Retail - Accessories - Sunglasses -Jewellery - Fashion - South

\nRetail - Accessories - Sunglasses -Jewellery - Fashion - South - Agent SBX Code Number: GA1007

Retail store selling costume jewellery, body jewellery, fashion accessories, sunglasses, cosmetics, watches & scarves at very affordable prices. - Easy one person operation. - Huge mark ups. - More than $100k was spent on fitout. - Includes display counters, showcases, shelving and racks.

Potential
Store would run much better with an owner operator. - Permission has been given for the new owner to expand the product range and buy from other suppliers. - Old section of the Shopping Centre is still under renovation and, once finished, will attract even more people.

Features
Stunning almost new fit-out. - Easy to run. - Steady sales. - Very low overheads. - Excellent 1st business opportunity - Great scope for expansion - Well established.

Premises
More than $100K spent on fitout. Well designed and thought out operation with shelving and racks

Location
Situated on ground floor of busy shopping centre in brand new extension recently completed in South Sydney area.

Trading Hours
7 days - Mon. -Tues. - Wed.- Fri. - 9 a.m. to 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 1/2 year lease commenced October, 2014 - 5% increases p.a.

Employees
1 Manager + 1 casual

Comments
Great opportunity to go into business for yourself. - Please note that the profit shown is for an owner operator working with 1 casual. - Currently run under management. - Sales were over $10,000 p.w. last year for the 3 weeks before Christmas. There are 7 stores so far in NSW.

Figures
Weekly Sales $4800
Rent (ex GST) $1921
Wages $200
Profit $1458

Agent SBX Code Number: GA1007 - 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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Enquire

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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