Food/Hospitality Business for Sale in NSW Photo 1
Retailer for sale in Eastern Suburbs, NSW
For Sale $185,000

Retailer for sale in NSW

Food/Hospitality
NSW
For Sale $185,000

Business Details

Newsagency - Retail - Southern Highlands



Newsagency - Retail - Southern Highlands - Agent SBX Code Number: CB1230

Newsagency with large and expanding Lotto sales. - selling newspapers, huge range of magazines, Lotto products, gifts, stationery, cards, art supplies, fragrances and candles, confectionery, soft drinks, batteries and cigarettes. - Business is a member of News Express buying group. - Counter is equipped with modern computer with Tower software, and TAB advise no upgrade of facilities is planned. - Lotto commission is $82,500 pa.

Potential
Improve giftware range. - Expand cigarette selection. - Establish Facebook presence.

Features
Great position. - Developing residential area. - Strong local support. - Easy to run. - Strong and expanding Lotto sales. - Well established

Premises
Attractive, large light and airy airconditioned premises with extra storage room and an area of 150 sq. mts.

Location
Main road frontage in small shopping centre in developing Southern Highlands town.

Trading Hours
7 days - Mon. - Fri. - 6.00 a.m. - 6.00 p.m. -Sat. - Sun. - 6.30 a.m. - 12.30 p.m.

Lease
Current lease expires 2019. - C.P.I. increases - 1 month bond.

Employees
2 owners.

Comments
No deliveries. - Security covered with steel grill rear doors and 4 CCTV cameras supplying images to remote monitor in rear store room. - Miscell.1 - Eftpos charges - Separate secure room available for delivery of magazines out of hours. - Drink fridges remain property of supplier.

Figures
Weekly Sales $20640
Rent (ex GST) $550
Wages $0
Profit $2375

Agent SBX Code Number: CB1230 - SBX Business Brokers

  • Last Updated March 2016
  • 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
SBX Business Brokers
Suite 1, Level 2, 2 - 4 Pacific Highway,
St Leonards, NSW 2065
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