Food/Hospitality Business for Sale in NSW Photo 1
Retailer for sale in Eastern Suburbs, NSW
For Sale $430,000

Retailer for sale in NSW

Food/Hospitality
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

  • 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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