For Sale $300,000
SBX Business Brokers

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SBX Business Brokers
1/564 Pacific Highway,
St Leonards, NSW 2065

Food/Hospitality for sale

VIC

For Sale $300,000

Business Details

Retail - Duty Free - Melbourne City Fringe



Retail - Duty Free - Melbourne City Fringe - Agent SBX Code Number: GVC1049P

Retail duty free selling luxury goods such as jewellery, watches, cosmetics, fashion accessories and liquor. - Well known brands such as Longines, Gucci, Swarovski, Rado, Raymond Weil etc.. - Provides lay-by.

Potential
Could import other lines of goods from overseas based on demand from local customers.

Features
Beautifully presented. - Quality products.

Premises
This business has an area of 300 sq. mts. across two levels.

Location
Prime street front location in City Fringe suburb amongst other retail businesses.

Trading Hours
5.5 days - Mon. - Fri. - 9 a.m. - 5 p.m -.Sat. - 9 a.m. - 1 p.m.

Lease
5 + 5 + 5 ( New lease available) - Vendor owns the freehold.

Employees
2 owners, + 1 casual

Comments
Owner will transfer the duty free license to the new buyer.- Can also procure new luxury goods contracts for new buyer if wanting to invest more. - Vendor will give support and training to new buyers for a period of up to 3 months - Profit from the business shown includes directors salaries. - Miscell. 1 = Council Rate - Miscell. 2 = Security System -

Figures
Weekly Sales $33621
Rent (ex GST) $1258
Wages $340
Profit $3846

Agent SBX Code Number: GVC1049P - 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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