Visit this listing at https://www.sbx.com.au/business?id=CB1062

Business Code: CB1062

Key Features: Freehold - Steady income from leased shops - Sth Coast - Sydney

State: NSW

Suburb: Sussex Inlet, 2540

Location: Main road in popular and expanding coastal resort town with excellent potential.

Description

Thriving hardware business, franchised to a major supplier, is the main occupant of this freehold property. - Supplies all building materials, timber, hardware, tools, paint and landscaping requirements. - A small nursery, gift shop and home brew sales are also included in the business. - Mezzanine storage and an upstairs office are incorporated.- Delivery truck, forklift and all necessary equipment are included.

Summary

  • Features: Sole supplier of building materials in area. - Great position. - Steady income from leased shops. - Good range of products.
  • Potential: Major residential developments are planned and approved for the town. - Expand nursery facilities
  • Premises: Large freehold complex with hardware, 4 additional leased businesses and an apartment with a total area of 4000 sq. mts.
  • Trading Hours: 7 days - Mon. - Fri. - 7.00 a.m. - 5.00 p.m. - Sat.- 8.00 a.m.- 1.30 p.m. - Sun.- 8.30 a.m.- 12.00 p.m.
  • Lease: Long lease available
  • Employees: 2 owners + 1 casual
  • Comments:

Weekly Summary

Weekly Takings (inc GST)

$15,892

Cost of Goods

$10,972

Gross Profit

$4,920

Wages

$516

Outgoings

$159

Telephone

$96

Insurance

$114

Electricity

$109

Misc1

$50

Misc2

$100

Total Expenses

$1,144

Estimated Stock (Additional)

$550,000

Equipment (Included)

$60,000

Net Profit

$3,776

Price

$3,500,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Hardware - Freehold - Investment

Business Code: CB1062
Price: $3,500,000
+ Estimated SAV $550,000

Key Features: Freehold - Steady income from leased shops - Sth Coast - Sydney

State: NSW

Suburb: Sussex Inlet, 2540

Location: Main road in popular and expanding coastal resort town with excellent potential.

Parking: Good on site facilities.

Description

Thriving hardware business, franchised to a major supplier, is the main occupant of this freehold property. - Supplies all building materials, timber, hardware, tools, paint and landscaping requirements. - A small nursery, gift shop and home brew sales are also included in the business. - Mezzanine storage and an upstairs office are incorporated.- Delivery truck, forklift and all necessary equipment are included.

Summary

  • Features: Sole supplier of building materials in area. - Great position. - Steady income from leased shops. - Good range of products.
  • Potential: Major residential developments are planned and approved for the town. - Expand nursery facilities
  • Premises: Large freehold complex with hardware, 4 additional leased businesses and an apartment with a total area of 4000 sq. mts.
  • Trading Hours: 7 days - Mon. - Fri. - 7.00 a.m. - 5.00 p.m. - Sat.- 8.00 a.m.- 1.30 p.m. - Sun.- 8.30 a.m.- 12.00 p.m.
  • Lease: Long lease available
  • Employees: 2 owners + 1 casual
  • Sale Reason: Wishes to retire
  • Comments: Miscell.1 - Workers comp insurance - Miscell. 2 - Motor vehicle expenses - Outgoings - Rates $8317 p.a. includes entire property - Gross income from leased businesses and apartment is not included in profile income, and is approximately $43,000 p.a. - Sale price includes stock.-
    Property contains 3 leased shops, upstairs gym and leased apartment with good rental income.

Disclaimer: The images shown are stock photos and are for illustrative purposes only and do not represent the actual business for sale. Please note that the business information provided may be affected by COVID-19. Please speak to your broker for more information.

Weekly Summary

Figures include GST unless stated otherwise

Weekly Takings

$15,892

Cost of Goods

$10,972

Gross Profit

$4,920

Wages

$516

Outgoings

$159

Telephone

$96

Insurance

$114

Electricity

$109

Misc1

$50

Misc2

$100

Total Expenses

$1,144

Estimated Stock (Additional)

$550,000

Equipment (Included)

$60,000

Net Profit

$3,776

Price

$3,500,000
+ Estimated SAV $550,000

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The information contained on each individual business for sale has been gathered from the vendor or landlord and/or professional service providers and is believed to be accurate and current as at the date of publication. SBX Business Brokers provides no warranties of any nature are given, intended or implied and prospective purchasers must rely on their own enquiries and should verify the accuracy of information before proceeding.