For Sale $128,000
SBX Business Brokers

View phone number

SBX Business Brokers
1/564 Pacific Highway,
St Leonards, NSW 2065

Food/Hospitality for sale

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

Summary »

  • 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
 1 of 1 photos 

Enquire

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

Enquire about this business:

I would like to:

Tools