For Sale $480,000
SBX Business Brokers

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SBX Business Brokers
Suite 1, Level 2, 2 - 4 Pacific Highway,
St Leonards, NSW 2065

Food/Hospitality for sale

NSW

For Sale $480,000

Business Details

Newsagency - Retail - South Sydney

\nNewsagency - Retail - South Sydney - Agent SBX Code Number: M1932

Newsagency selling newspapers, magazines, lotteries, stationery, confectionery, greeting cards, cigarettes, Opal cards etc. - Lotteries sales $1,505,831 in 2016 with commission $154,279. - Newly renovated shop at a cost of $200k.

Potential
Sales will increase on account of shopping centre growth with new renovations.

Features
Top location. - Brand new fit-out. - High turnover. - Secure income. - No paper delivery.

Premises
Newly fitted out shop with an area of 134 m2.

Location
Prime location in food court level in South Sydney major shopping centre

Trading Hours
7 days - 730 a.m.- 530 p.m.

Lease
7 year lease from June 2013. - 5% increases. - 2 months bond.

Employees
2 partners ( one work 5 days and one work 2 days ) + 4 casuals

Comments
Misc.- 1-general business expenses. - This is a fantastic business for family or husband and wife operators. - A must inspect.

Figures
Weekly Sales $53380
Rent (ex GST) $3877
Wages $1500
Profit $4900

Agent SBX Code Number: M1932 - SBX Business Brokers

Summary »

  • Business Category: Food/Hospitality
  • Business Sub Category: Retailer
  • Expenses: $6545
  • Business Selling Price: $480000
  • Trading Hours: 7 days - 7:30 a.m.- 5:30 p.m.
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SBX Business Brokers
Suite 1, Level 2, 2 - 4 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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