Visit this listing at https://www.sbx.com.au/business?id=FX1091

Business Code: FX1091

Key Features: Currency Exchange - Sales $1,400,000 pw - Melbourne - 2 Shops

State: VIC

Suburb: Melbourne

Location: 2 shops in Melbourne.

Description

Retail Australian owned foreign currency exchange provider consisting of 2 shops and specialising in international fund transfers and currency exchange - Well built system for easy operation.

Summary

  • Features: Well established system - Loyal return customers - Great locations - Well known - Easy to operate.
  • Potential: Could do more marketing to boost even higher sales. - Open more branches.
  • Premises: 4 square meters to 8 square meters secure shops.
  • Trading Hours: 5 days - Mon. - Fri. - 10 a.m. - 5:30 p.m.
  • Lease: Current lease for shop 1 Melbourne expires November 2018 + 3 years option - 3 months rent bond - 3% C.P.I. rental increases. - Other shop has longer leases.
  • Employees: 2 fulltimers + 2 casuals.
  • Comments:

Weekly Summary

Weekly Takings (inc GST)

$1,400,000

Cost of Goods

$1,378,000

Gross Profit

$22,000

Rent

$1,300

Wages

$2,800

Telephone

$40

Insurance

$60

Electricity

$20

Misc1

$500

Total Expenses

$4,720

Net Profit

$17,280

Price

$2,600,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Currency Exchange - Retail

Business Code: FX1091
Price: $2,600,000

Key Features: Currency Exchange - Sales $1,400,000 pw - Melbourne - 2 Shops

State: VIC

Suburb: Melbourne

Location: 2 shops in Melbourne.

Description

Retail Australian owned foreign currency exchange provider consisting of 2 shops and specialising in international fund transfers and currency exchange - Well built system for easy operation.

Summary

  • Features: Well established system - Loyal return customers - Great locations - Well known - Easy to operate.
  • Potential: Could do more marketing to boost even higher sales. - Open more branches.
  • Premises: 4 square meters to 8 square meters secure shops.
  • Trading Hours: 5 days - Mon. - Fri. - 10 a.m. - 5:30 p.m.
  • Lease: Current lease for shop 1 Melbourne expires November 2018 + 3 years option - 3 months rent bond - 3% C.P.I. rental increases. - Other shop has longer leases.
  • Employees: 2 fulltimers + 2 casuals.
  • Comments:

Weekly Summary

Weekly Takings
(inc GST)

$1,400,000

Cost of Goods

$1,378,000

Gross Profit

$22,000

Rent (ex GST)

$1,300

Wages

$2,800

Telephone

$40

Insurance

$60

Electricity

$20

Misc1

$500

Total Expenses

$4,720

Net Profit

$17,280

Price

$2,600,000

 Print

Enquire about this listing



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.