Food/Hospitality Business for Sale in NSW Photo 1
Retailer for sale in Eastern Suburbs, NSW
For Sale $280,000

Retailer for sale in NSW

Food/Hospitality
NSW
For Sale $280,000

Business Details

Newsagency - Retail - North West Sydney

\nNewsagency - Retail - North West Sydney - Agent SBX Code Number: GNGD1002

Newsagency selling newspapers, magazines, lotto, confectionery, cards, stationery, phone cards, stamps, cigarettes, toys, giftware, fax, copy, N Parcel service, home deliveries, 10 sub-agents. - Annual lotto sales of $779,000 with commission of $80,000.p.a.

Potential
Suit owner operator. - Increase revenue by contacting schools for stationery orders and student needs, expanding gift range, promoting Lotto, and appointing more sub-agents.

Features
Significant home delivery penetration. - Loyal repeat customers. - Excellent location with high population growth.

Premises
Premises in excellent condition. Separate packing/storage area. Total area 82 sq. mt. (68 + 14 sq. mt.).

Location
Busy main road location in village shopping precinct with supermarket, liquor shop, takeaway, pharmacy, etc.

Trading Hours
7 days. - 7 a.m. to 7 p.m.

Lease
New 5 year lease commenced July 2015. - 3 months bond. -Annual 3.5% increases.

Employees
2 owners + 1 casual.

Comments
Very reasonably priced for quick sale. - Vendor will provide 2 weeks training before and 2 weeks training after settlement. - Lotto provides 1 week training. - All sales are recorded by POS. - Christmas gift sales $50K. - Plenty of public parking in large carpark.

Figures
Weekly Sales $22578
Rent (ex GST) $1852
Wages $180
Profit $5130

Agent SBX Code Number: GNGD1002 - SBX Business Brokers

  • Last Updated October 2018
  • Business Category Food/Hospitality
  • Business Sub Category Retailer
  • Expenses $2378
  • Business Selling Price $280000
  • Trading Hours 7 days. - 7 a.m. to 7 p.m.
SBX Business Brokers
Suite 1, Level 2, 2 - 4 Pacific Highway,
St Leonards, NSW 2065
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