Food/Hospitality Business for Sale in NSW Photo 1
Retailer for sale in Eastern Suburbs, NSW
For Sale $298,000

Retailer for sale in NSW

Food/Hospitality
NSW
For Sale $298,000

Business Details

Newsagency - Retail - City Fringe

\nNewsagency - Retail - City Fringe - Agent SBX Code Number: F3004

Newsagency selling a huge selection of magazines, all the daily papers, greeting cards, drinks, confectionery, cigarettes, opal cards, phone recharge vouchers, wrapping paper and many other stationery items. - Deliveries are minimal and under 100 per day. - Lotto income is approx. $45000 per annum. - Weekly sales include approximately $9000 of lotto sales.The asking price is negotiable.

Potential
There is potential to add other stock items to the existing stock inventory held.

Features
Established many years. - Low rent - Same owner 11 years. - Regular customers.

Premises
These premises are clean and very tidy with an area of 75 sq. mts.

Location
Prime street front location close to major railway station in the City fringe.

Trading Hours
6.5 days - Mon. - Fri. - 5.30 a.m. - 5 p.m. -Sat. - 6 a.m. - 3 p.m. - Sun. - 6 a.m. - 11 a.m.

Lease
A new 3 year lease commenced Oct. 2014 + a further three year option - 1 month bond.

Employees
The business is operated by a husband and wife team.

Figures
Weekly Sales $25000
Rent (ex GST) $843
Wages $0
Profit $2733

Agent SBX Code Number: F3004 - SBX Business Brokers

  • Last Updated May 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
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