Food/Hospitality for sale
Newsagency - Wollongong - Illawarra
\nNewsagency - Wollongong - Illawarra - Agent SBX Code Number: BM1033
Full newsagency with lotto, stationery, extensive giftware range and full range of greeting cards. - Gift shop and stationery sales are already 50% of turnover. - No deliveries - Lotto commission is $1500 p.w. included in the weekly turnover.
Needs new owner operator to fully develop the potential of the business
Large shop allowing for expansion of current retail offering - Easy to run. - Brand new $400k fit out.
This business has an area of approx 130 sq.mts.
Ground floor of a major shopping centre in CBD opposite major supermarket.
7 days - Mon. - Wed. - Fri. - 830 a.m. - 5.30 p.m. - Thurs. - 830 a.m. - 9 p.m. - Sat. - 9 a.m. - 4 p.m. - Sun. - 10 a.m.- 4 p.m.
5 year lease with CPI increases
1 owner + casuals as required
This business is being marketed, not on current trading figures, but on the potential of increasing the gift shop and stationery side of the business. - Staff are not to be alerted that business is for sale
Weekly Sales $25500
Rent (ex GST) $3305
Agent SBX Code Number: BM1033 - SBX Business Brokers
- 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