Food/Hospitality for sale
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.
Expand giftware range. - Introduce social media presence.
Great position. - Long established. - Huge Lotto sales. - Excellent product range. - Good access. - Very strong passing foot traffic.
Large open plan premises with inviting portal and attached office with kitchen facilities.
Prime corner location opposite major supermarket in shopping centre located in expanding South West Sydney area,
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.
Current lease ends June 2018. - Increases 5%. - 3 months bond.
1 owner. + 1 permanent. + 3 casuals.
Miscell. 1 - Buyer group fee. - Security supplied by Centre - CCTV coverage with office monitor. -Large safe is located in office.
Weekly Sales $63790
Rent (ex GST) $2925
Agent SBX Code Number: CB1231 - SBX Business Brokers
- 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