Turnover averaging almost $9,000 per week plus this store has huge development potential for owner operators who will focus on the staff and customer service.
Very long lease with rental at $ 520 per week + GST
This is a company run store Currently run under management and is showing growth
The Newcastle regional is one of the fastest growing population areas of NSW
Near the beautiful Lake Macquarie
HUGE Improvements for owner/operator. LINK Business has historically seen improvements of between 30-120% with managed stores that have been taken over by hands on operators.
Bank finance is often available to approved purchasers, up to 60% – 70% secured against the business itself.
Branding does work in business, it’s what consumers pay attention to; everyone knows this brand.
Ideal as a quality return on investment with minimal input or as a stable earner for those entering the industry who would not normally have the experience and/or know how to and prosper as an independent.
Broker: Matthew Page
To complete an online confidentiality agreement visit this business at: http://www.linkbusiness.com.au/11072
THE PURCHASER TO MAKE HIS/HER OWN INVESTIGATIONS AND ENQUIRIES IN RELATION TO THE BUSINESS AND NOT TO RELY UPON WARRANTY OR STATEMENT MADE BY THE VENDOR OR BY ANYONE ON HIS/HER BEHALF.
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.