Food/Hospitality Business for Sale in NSW Photo 1
Takeaway Food for sale in Eastern Suburbs, NSW
For Sale $128,000

Takeaway Food for sale in NSW

Food/Hospitality
NSW
For Sale $128,000

Business Details

Convenience - Tobacconist - Takeaway - Eastern Suburbs

\nConvenience - Tobacconist - Takeaway - Eastern Suburbs - Agent SBX Code Number: SF1233

Convenience store selling a wide range of goods including pies and sausage rolls, groceries. chemist items, papers, magazines, confectionery, electrical converters, soft drinks, ice cream, opal cards, bus tickets and cigarettes - $3,500 of weekly sales are in cigarettes which has high profit margins. - Equipped with CCTV monitored remotely - ATM machine.

Potential
Could be run under management - Add other products - Could add lotto (STA) - New developments nearby will bring more people to the area.

Features
Top location - Excellent foot traffic day and night - Nothing to spend - Easy to run - Good clientele - Reasonable rent.

Premises
Glass front modern and well organised shop with an area of 45 sq. mts.

Location
Situated on famous shopping strip surrounded by retail, cafes, schools, two large hotels and residential in Eastern suburbs.

Trading Hours
7 days - Mon. - Thurs. & Fri. - 7 a.m. till 12 a.m. -Sat. - 7 a.m. till 3 a.m. - Sun. - 7 a..m. till 12 a.m.

Lease
Current lease expires Aug, 2020 - 4% increases - 6 months bond

Employees
1 owner + 1 fulltimer

Comments
Misc. 1 - Other general expenses. - This area is frequented by locals and also has lots of tourists staying in the nearby hotels. - It is a busy strip in a very exclusive area and is a popular destination. - The business has only been open for one year and a motivated owner will continue to increase both sales and profit. - Very busy on weekends and after midnight on Saturday night.

Figures
Weekly Sales $11100
Rent (ex GST) $1200
Wages $850
Profit $2381

Agent SBX Code Number: SF1233 - SBX Business Brokers

  • Last Updated March 2016
  • Business Category Food/Hospitality
  • Business Sub Category Takeaway Food
  • 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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