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

Retailer for sale in NSW

Food/Hospitality
NSW
For Sale $128,000

Business Details

Retail - Surf Shop - Sunglasses - Mens & Ladies Fashion - Coogee

\nRetail - Surf Shop - Sunglasses - Mens & Ladies Fashion - Coogee - Agent SBX Code Number: SF1503

Retail boutique surf lifestyle store selling fashion and all the best lifestyle brands, accessories, footwear, sunglasses, swimwear, childrens wear as well as surf gear - Popular brands include Billabong, Quicksilver, Hurley, Rip Curl, Tigerlily, Havaianas and Otis Eyewear.

Potential
Build up the online store - Increase social media presence - Utilise database - Expand range for tourists

Features
Excellent location - A local Icon and very well established in the area - Lots of great brands - Good foot traffic - Nothing to spend

Premises
Modern newly renovated shop with good fixtures over two levels and an area of 140 m2

Location
Very busy beach side shopping strip just footsteps to the beach, close to shops, cafes and restaurants in the Eastern Suburbs

Trading Hours
7 days - Mon. - Sun. - 9 a.m. - 6 p.m.

Lease
Current lease expires July, 2019 (New lease should be available) - C.P.I. increases - 3 month bond

Employees
1 owner + 1 fulltimer + 2 casuals

Comments
Misc.- 1 - Other general expenses - Misc. - 2 - Computer rental weekly fee. - Great opportunity to buy a profitable quality business with strong growth prospects - This is a popular shop with locals as well as the tourists and located in a popular all year round beach side location. - This is a reluctant sale for the vendor who has built up the store over the last three years

Figures
Weekly Sales $15200
Rent (ex GST) $2210
Wages $2020
Profit $2210

Agent SBX Code Number: SF1503 - SBX Business Brokers

  • Last Updated January 2019
  • Business Category Food/Hospitality
  • Business Sub Category Retailer
  • Expenses $5125
  • Business Selling Price $128000
  • Trading Hours 7 days - Mon. - Sun. - 9 a.m. - 6 p.m.
SBX Business Brokers
Suite 1, Level 2, 2 - 4 Pacific Highway,
St Leonards, NSW 2065
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