For Sale $118,000
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 $118,000

Business Details

Framing - Retail - Gallery - Eastern Suburbs

\nFraming - Retail - Gallery - Eastern Suburbs - Agent SBX Code Number: SF1200

Retail framing and art gallery - All kinds of framing services to corporate and private customers. - Uses high quality picture frame mouldings, both imported and locally produced, and a wide selection of timbers, finishes and shapes. - The owner specialises in custom framing and also sells artworks from established and local emerging artists - Does art fairs and exhibitions. - Environmentally friendly and uses lots of recycled products.

Potential
Suit two owner operators - Improve social media - Open more hours - Do some advertising and promotions.

Features
Hours to suit - Great clientele - Well established with a good reputation - Boutique business - High profit - Good website - Lot of repeat business.

Premises
1920 building with 3 rooms, small kitchen, bathroom, back area and a double garage and an area of 130 sq. mts.

Location
Great corner location at a busy roundabout surrounded by commercial and residential in Eastern Suburbs

Trading Hours
5.5 days - Mon - By appointment. - Tues. - Fri.- 10 a.m. - 530 p.m. - Sat. - 10 a.m. - 2 p.m.

Lease
Current lease expires Feb.2016 + 3 year option- C.P.I. increases - 3 months bond.

Employees
1 owner + 1 part-timer + 1 casual.

Comments
Training can be provided if required - Figures are an average per week - The owner operates on her own therefore lots of potential for expansion for a motivated new owner or couple.

Figures
Weekly Sales $5040
Rent (ex GST) $1100
Wages $510
Profit $1770

Agent SBX Code Number: SF1200 - 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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