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Sandwich Shop For Sale (canberra, Australia) Asking Price:£191219

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Sandwich Shop For Sale


Revenue £Available on Request, Net Profit £Available on Request, Established 2014

With annual turnover consistently above $1.7 million and net profit above $140,000 per annum this is a serious business investment opportunity. 
 
This large and highly profitable north-side newsagency delivers to 12 suburbs in Belconnen and Gungahlin and profits from 18 subagents in the same area. The future looks secure with populations expected to increase (and age) beyond the average in those areas. 
 
The shopfront benefits from being located within one of Canberra’s oldest populations, bolstering sales of core lines like newspapers & magazines and lottery tickets. 
 
Close proximity to numerous schools enhances confectionary and stationery sales, and plenty of complimentary tenants nearby ensure the location is a high pedestrian traffic area. 
 
The university educated owner wants to move on to work related to his degree and needs to sell the store to gain more time. 
 
In brief: 
 
* Turnover consistently above $1.7 million per annum 
* Gross profit over $360,000 for 2012-2013 
* Adjusted net profit above $140,000 per annum for past three years 
* Recently extended premises of approximately 120 m2, rent negotiable (owned by seller) 
* Large delivery run currently contracted out 
* Online store included 
 
Asking Price $259,950 
Stock approximately $30,000 
 
Diversified, stable profits. More information available on request. Express your interest by using the ‘enquire’ form on this webpage below.

Business Information

Number of Staff

Ownership

Yes

Any Expansion potential

Yes if needed

Reasons for selling

Business

Any Inventory / Stock value

Yes

Is this a home-based business

Yes

Property

Yes

Telephone

Business Location details

Canberra, Australian Capital Territory

Competition / Market

Business/Market

Trading hours

Yes

Any Support & training

Yes whenever

Any Furniture / Fixtures

Yes

Any Living Accommodation

Yes

Can this business be relocated?

Yes

Is this business part of a franchise?

Yes