Food/Hospitality Business for Sale in NSW Photo 1
Retailer for sale in Eastern Suburbs, NSW
For Sale $549,000

Retailer for sale in NSW

Food/Hospitality
NSW
For Sale $549,000

Business Details

Retail - Alterations - Clothing Alterations - Wedding - Sydney CBD

\nRetail - Alterations - Clothing Alterations - Wedding - Sydney CBD - Agent SBX Code Number: S1114

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.

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

Location
Situated in Sydney C.B.D.

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

Lease
3 x 3 year lease commenced Feb. 2012

Employees
1 owner + 6 full time employees.

Comments
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. - Misc 1- Other general expenses and GST

Figures
Weekly Sales $11100
Rent (ex GST) $1200
Wages $3600
Profit $4621

Agent SBX Code Number: S1114 - SBX Business Brokers

  • Last Updated September 2018
  • Business Category Food/Hospitality
  • Business Sub Category Retailer
  • Business Ownership Freehold
  • Lease Options 2 x 5 years
  • Floor Area Retail Office 50.00
  • Lease Basis Of Rent Review CPI Annually
  • Value Of Work In Progress $1000
  • Written Down Plant Equipment 10000
  • Equipment Lease Hire Purchase 20000
  • Wages Proprietors Family $20000
  • Wages Staff $20000
  • Expenses $5488
  • Earnings Before Interest Tax 4% p.a.
  • Debtors $5000
  • Creditors $5000
  • Business Selling Price $549000
  • Trading Hours 6 days - Mon. - Fri. 8 a.m. - 6 p.m. Sat. 9 a.m. - 3 p.m.
  • Operating Days 5.5
  • Number Of Staff Members 5
  • Buying Group Acme medical
  • Licenses And Permits Medical centre
  • Licenses And Permits Acme accountants
  • Solicitor Details Acme solicitors
  • Name Tradmarks IP Transferable YES
  • Copy Of Menu Services YES
SBX Business Brokers
Suite 1, Level 2, 2 - 4 Pacific Highway,
St Leonards, NSW 2065
1 Photo

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