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

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

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