| CODE | SD262 |
| BUSINESS TYPE | Video Franchise - Blockbuster |
| AREA | Sydney Hills Area |
| BUSINESS ESTABLISHED | since 1999 |
| VENDOR OWNED THE BUSINESS | since 2004 |
| LEASE REMAINING | 5 years approx |
| TRADING HOURS | 9am to 10pm (Sunday - 10am to 10pm) |
| TRADING AREA | 156 square metres |
| AVERAGE TURNOVER - excluding GST | $500,000+ p.a approx |
| NUMBER OF STAFF | 6 casuals (rostered) |
| REASON FOR SELLING | Retirement of owners |
| GENERAL INFORMATION |
The store is situated in a popular local shopping centre, with a good mix of quality tenants and ample parking The centre is surrounded by residential properties, with residents providing a regular, loyal client base. There are also numerous businesses nearby in an industrial area, resulting in an additional market With the advent of DVD's less trading area is required compared to the past. The vendors have now taken the initiative and reduced the store size, resulting in good rent savings The business is presently run under management. It presents a very good opportunity for investors, or owner - operators, to capitalise on the solid base that has been established over 10 years and drive the business forward to another level The owners are of retirement age and due to ill-health have brought the business to the market at a very realistic price, to enable a 'quick sale'. Bank finance may be available to approved purchasers |
| ASKING PRICE | $195,000 + retail sav |
For more information on this business, please contact:
David
Ferguson on 0412 488 295
email: david@businesses.net.au
Sydney Business Sales Pty Ltd
Licensed Business Brokers - since 1997
Grosvenor Business Centre
16-18 Grosvenor Street, Sydney 2000
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