BUSINESS DESCRIPTION
Turnover averaging $12,000 to $13,000 net per week plus, this store has huge development, store showing growth.
UNBELIVEBLE RENTAL& LONG LEASE with rental at less than 8% per week inclusive
No rental bond required
No remodelling until 2018
This store is currently run under full management
Store in complex with major supermarket
This is a well run store with good staff in place
Owner wishes to return to china for the family business only having owned store since November 2011
The Newcastle region is one of the fastest growing population areas of NSW
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, itβ??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.
#11180
Broker: Matthew Page
To complete an online confidentiality agreement visit this business at: http://www.linkbusiness.com.au/11180
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.