Food/Hospitality Business for Sale in NSW Photo 1
Retailer for sale in Eastern Suburbs, NSW
For Sale $398,000

Retailer for sale in NSW

Food/Hospitality
NSW
For Sale $398,000

Business Details

Retail - Alterations - Clothing Alterations - Wedding - Sydney CBD

\nRetail - Alterations - Clothing Alterations - Wedding - Sydney CBD - Agent SBX Code Number: SF1510

Retail - alterations - One of the well known alterations shops in Sydney. - This business has a large number of upmarket clothing boutiques and celebrities as its customers. - A large part of its alterations is for the high margin wedding industry.

Potential
A great opportunity.

Features
A very successful website. - A tailored computer system which is well advanced. - Very profitable. - Huge growth. - This business is expected to double their nett profit to $350 - $400,000 per annum. -Well established for over 20 years. - High quality premises.

Premises
This business has an area of 100 sq. mts.

Location
Situated in Sydney C.B.D.and surrounded by retail and offices.

Trading Hours
6 days - Mon. - Fri. 8 a.m. - 6 p.m. Sat. 9 a.m. - 3 p.m.

Lease
A new 3 + 3 year lease should be available - 3 month bond.

Employees
1 owner + 6 full time employees.

Comments
Miscell. - 1 - Other general expenses and gst. They have recently commenced selling second hand wedding dresses on line. - Current staff have been with the business for over 3 years. - Full training provided. Two page confidentiality agreement required to be signed for more details

Figures
Weekly Sales $10500
Rent (ex GST) $1181
Wages $4665
Profit $3336

Agent SBX Code Number: SF1510 - SBX Business Brokers

  • Last Updated November 2018
  • Business Category Food/Hospitality
  • Business Sub Category Retailer
  • Expenses $6374
  • Business Selling Price $398000
  • Trading Hours 6 days - Mon. - Fri. 8 a.m. - 6 p.m. Sat. 9 a.m. - 3 p.m.
SBX Business Brokers
Suite 1, Level 2, 2 - 4 Pacific Highway,
St Leonards, NSW 2065
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