For Sale $430,000
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 $430,000

Business Details

Newsagency - Retail - South West



Newsagency - Retail - South West - Agent SBX Code Number: CB1231

Newsagency selling a large range of popular items, including newspapers, magazines, Lotto products, stationery, giftware, confectionery and enjoying very strong card sales. - Agent for Australia Post, Opal cards, phone cards, Western Union, and provides photocopy and fax service. - A complete new refurbishment was completed 2 years ago, and Lotto counter upgrade not due for 3.5 years. - Computer software installed is POS, which is compatible with Hallmark cards. - Business is a member of buying group. - Lotto sales exceed $2,250,000 p.a.

Potential
Expand giftware range. - Introduce social media presence.

Features
Great position. - Long established. - Huge Lotto sales. - Excellent product range. - Good access. - Very strong passing foot traffic.

Premises
Large open plan premises with inviting portal and attached office with kitchen facilities.

Location
Prime corner location opposite major supermarket in shopping centre located in expanding South West Sydney area,

Trading Hours
7 days - Mon. -Tues. - Wed.- Fri.- 9.00 a.m. - 5.30pm. - Thurs. - 9.00 a.m. - 9.00 p.m. -Sat.- 9.00 a.m. - 4.00 p.m.-Sun.- 10.00 a.m - 4.00 p.m.

Lease
Current lease ends June 2018. - Increases 5%. - 3 months bond.

Employees
1 owner. + 1 permanent. + 3 casuals.

Comments
Miscell. 1 - Buyer group fee. - Security supplied by Centre - CCTV coverage with office monitor. -Large safe is located in office.

Figures
Weekly Sales $63790
Rent (ex GST) $2925
Wages $2000
Profit $4155

Agent SBX Code Number: CB1231 - 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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