For Sale $98,000
SBX Business Brokers

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

Food/Hospitality for sale


For Sale $98,000

Business Details

Newsagency - Retail - Northern Beaches

\nNewsagency - Retail - Northern Beaches - Agent SBX Code Number: F3079

Newsagency selling lotto, drinks, cards, newspapers, magazines, stationery and opal cards etc.- Very genuine, safe and secure business.- It has a well established consistent and loyal customer base. - The business is extremely visible with lots of passing traffic on a main road. - Ample parking right at entrance.- Situated in one of the northern beaches most sort after suburbs just two minutes from the beach.- It is located close to a number of very good schools.

To extend the current trading hours.

Genuine sale. - Full financials available. - Short weekend hours. - Residence attached.

Large premises with an area of 150 sq. mts. plus two bedroom residence upstairs rented for $

Prime street front location in busy suburb of Northern Beaches.

Trading Hours
7 days - Mon. to Fri. - 6.45 a.m. to 5.30 p.m. - Sat. - 6.45 a.m. to 12 p.m. - Sun. - 7 a.m. to 11 a.m.

New lease available.

Two owners plus casual for weekend delivery

Profit based on husband and wife working the business with no staff wages and renting out the upstairs apartment for $527.00 per week. - Total weekly rent including apartment is $987.00 per week + gst. Upstairs rent appears to be below market rates.- One small sub newsagent. - Deliveries Monday to Friday approx. 220, - Saturday 300 - Sunday 280 plus 80 bundled. - Delivery vehicle included in sale price. - Lotto sales for 2015 were $379,828 p.a and lotto commission year ending 2015 was $39,146. - The purchaser will be required to refurbish the front counter at their own expense as per lotto requests, approximate cost $23000 may receive a $10000 government subsidy to do this.

Weekly Sales $15308
Rent (ex GST) $987
Wages $0
Profit $1998

Agent SBX Code Number: F3079 - 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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