Visit this listing at https://www.sbx.com.au/business?id=W1668

Business Code: W1668

Key Features: Urgent sale

State: NSW

Location: Great location in heavy traffic area on busy main road close to train station in Inner West.

Description

Retail ladies fashion store selling clothing, jewellery, shoes, accessories, handbags etc. - The shop has sub leased areas to videos, clothing alterations, nails, health food and Money Exchange and the sub leases have all now finished and are on a monthly basis.

Summary

  • Features: Best location - Well known - Long history with the asian community - Very spacious store. - Long established.
  • Potential: Previously was a restaurant with full kitchen facilities such as exhaust system, sink, grease trap etc.- Could change back to a restaurant . - New owner can continue to keep sub leases or remove as most of the sub-tenants leases have expired.
  • Premises: This business has an area of 150 sq.mts.
  • Trading Hours: 7 days - Mon. - Sun. - 10:00 a.m. - 7:00 p.m.
  • Lease: 4 year lease from January, 2018 - 3% rent increases - 3 months bond.
  • Employees: 1 owner + 1 fulltimer
  • Comments: Rent shown excludes sub tenants rent income - Video shop $1,500 p.m. - Accessory shop $1,000 p.m. - Alteration $600 p.m., Money exchange $2,800 p.m., Health food $5000 p.m. - Nail bar and clothing shop area if $1662 p.w. (as shown on the profile) - The total rent for the whole shop is $3800 + g.s.t. per week.-

Weekly Summary

Weekly Takings (inc GST)

$13,500

Cost of Goods

$4,500

Gross Profit

$9,000

Rent

$1,622

Wages

$900

Electricity

$250

Misc1

$2,228

Total Expenses

$5,000

Estimated Stock (Additional)

$30,000

Net Profit

$4,000

Price

$80,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Retail - Ladies Fashion - Clothing - Accessories

Business Code: W1668

Key Features: Urgent sale

State: NSW

Location: Great location in heavy traffic area on busy main road close to train station in Inner West.

Description

Retail ladies fashion store selling clothing, jewellery, shoes, accessories, handbags etc. - The shop has sub leased areas to videos, clothing alterations, nails, health food and Money Exchange and the sub leases have all now finished and are on a monthly basis.

Summary

  • Features: Best location - Well known - Long history with the asian community - Very spacious store. - Long established.
  • Potential: Previously was a restaurant with full kitchen facilities such as exhaust system, sink, grease trap etc.- Could change back to a restaurant . - New owner can continue to keep sub leases or remove as most of the sub-tenants leases have expired.
  • Premises: This business has an area of 150 sq.mts.
  • Trading Hours: 7 days - Mon. - Sun. - 10:00 a.m. - 7:00 p.m.
  • Lease: 4 year lease from January, 2018 - 3% rent increases - 3 months bond.
  • Employees: 1 owner + 1 fulltimer
  • Comments: Rent shown excludes sub tenants rent income - Video shop $1,500 p.m. - Accessory shop $1,000 p.m. - Alteration $600 p.m., Money exchange $2,800 p.m., Health food $5000 p.m. - Nail bar and clothing shop area if $1662 p.w. (as shown on the profile) - The total rent for the whole shop is $3800 + g.s.t. per week.-

Weekly Summary

Weekly Takings
(inc GST)

$13,500

Cost of Goods

$4,500

Gross Profit

$9,000

Rent

$1,622

Wages

$900

Electricity

$250

Misc1

$2,228

Total Expenses

$5,000

Estimated Stock (Additional)

$30,000

Net Profit

$4,000

Price

$80,000

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