Food/Hospitality Business for Sale in NSW Photo 1
Takeaway Food for sale in Eastern Suburbs, NSW
For Sale $80,000

Takeaway Food for sale in NSW

Food/Hospitality
NSW
For Sale $80,000

Business Details

Newsagency - City Fringe

\nNewsagency - City Fringe - Agent SBX Code Number: M1638

Full newsagency selling newspapers, magazines, confectionery, stationery, lotto, a large range of cards and gifts. Lotto sales approx. $19,000 per week. - Large shop. - Large storage room. - One bedroom upstairs.

Potential
The vendor does not want to sign a new lease due to the high rent. The potential purchaser could relocate in the same street using the local newsagency licence. - Finding a cheaper premises would increase profit.

Features
Well established for many years. Good area Very stable business.

Premises
Very spacious store with an area of approx. 300 sq.mts.

Location
Prime street front location in busy shopping strip close to railway station and cinema in City fringe.

Trading Hours
7 days - 7 a.m. - 7 p.m.

Lease
Expires February 2016. - Possible relocation.

Employees
2 owners

Comments
This is great cashflow business for owner operators. - Total rent is $28,000 per month. - Sub-lease to Jewellery business rented at $1450 per month. - Owner very keen to sell and is priced for a quick sale. - Price negotiable.

Figures
Weekly Sales $40000
Rent (ex GST) $6125
Wages $0
Profit $2500

Agent SBX Code Number: M1638 - SBX Business Brokers

  • Last Updated January 2016
  • Business Category Food/Hospitality
  • Business Sub Category Takeaway Food
  • 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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