For Sale $760,000
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 $760,000

Business Details

Newsagency - Post Office - Retail - City Fringe



Newsagency - Post Office - Retail - City Fringe - Agent SBX Code Number: SF1242

Full newsagency with a licensed post office - 12 subagencies one of which brings in very large sales consistently every week. - Deliveries with weekly income $1200 -7 days to nearby areas and a van is included.- Very high cigarette sales with over $7000 weekly turnover. Good lotto turnover with commission of over $46,000 per year which is included in weekly takings. - Also sells opal cards, drinks, stationery, cards, magazines. - Toll parcel pick up point - Air conditioned - 4 security cameras, wrapping machine. - Computerised POS system with 2 cash terminals.

Potential
Increase the post office side of the business - Could add other products and gifts to increase sales - Could sell more office supplies to the nearby offices - Open longer hours.

Features
Great location - Good rent - No competition - Nothing to spend. - Established over 40 years.

Premises
Well presented retail shop with good size storeroom and office and an area of 100 sq. mts.

Location
Very busy street near bus and train interchange and close to a large college and other commercial offices in City Fringe.

Trading Hours
5.5 days - Mon. - Fri. - 6 a.m. - 5.30 p.m. - Sat. - 7.30 a.m. - 12 p.m.

Lease
Current lease expires February, 2019 + 5 year option - C.P.I. increases - Currently only 1 month bond.

Employees
2 owners + 5 casuals

Comments
Miscell. 1 - Other general expenses. - Loads of potential for a new operator or a couple. - The owner of this business has not utilised the licensed post office side of the business and believes there is lots of potential in this area. - 2001 Mitsubishi Van is included.

Figures
Weekly Sales $43848
Rent (ex GST) $1195
Wages $1100
Profit $4508

Agent SBX Code Number: SF1242 - 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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