Food/Hospitality Business for Sale in NSW Photo 1
Retailer for sale in Eastern Suburbs, NSW
For Sale $199,000

Retailer for sale in NSW

Food/Hospitality
NSW
For Sale $199,000

Business Details

Newsagency - Retail - Sydney CBD

\nNewsagency - Retail - Sydney CBD - Agent SBX Code Number: GN1196

Retail newsagency selling newspapers, magazines, lotto, greeting cards, bus tickets and gifts.

Potential
This business has had strong growth over the last 18 months and is still growing. - Would suit owner operator or couple.

Features
Very easy business to run. - No deliveries or heavy lifting.

Premises
Retail kiosk with an area of 25 sq.mts.

Location
Kiosk newsagency in busy Sydney CBD shopping centre.

Trading Hours
7 days - Mon. - Tues. - Wed. - Fri. - Sat. - 9 a.m. -7.30 p.m. - Thurs. - 9 a.m. - 8.30 p.m. - Sun. - 10 a.m. - 5.30 p.m.

Lease
3 years remaining from March 2015 - 5% annual increases- 3 months bank guarantee.

Employees
2 owners

Comments
Profit shown is for two owners working fulltime with no staff. - Full financials are available on inspection.

Figures
Weekly Sales $17659
Rent (ex GST) $1678
Wages $0
Profit $2755

Agent SBX Code Number: GN1196 - SBX Business Brokers

  • Last Updated January 2016
  • Business Category Food/Hospitality
  • Business Sub Category Retailer
  • Business Lease $26,000.00
  • Attached Dwelling YES
  • Copy Of Title 1
  • Expenses $10000
  • Earnings Before Interest Tax $1100000
  • Business Selling Price $300000
  • Business Property Price $300000
  • Property Selling Price 300000
  • Trading Hours 9am-5pm mon-fri.
  • Franchise Agreement Fees NO
SBX Business Brokers
Suite 1, Level 2, 2 - 4 Pacific Highway,
St Leonards, NSW 2065
1 Photo

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