Hi,
selling my business, located in Newcastle. Business turnover is $260K P.A. Excellent profitability.40K Stock. Rent is $1460 P/M. Immediate sale as I want to relocate. Price is reasonable.
- Asking Price:
- $80,000 (AUD) Furniture / Fixtures included
- Sales Revenue:
- $260,000 (AUD)
- Cash Flow:
- Under $50K (AUD)
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
2.5 years left and option for renew
- Leasehold Rent:
-
$1,460 (AUD) per annum
- Location:
-
Main road In front of New Lambton high school, at traffic lights, near by IGA and Australia post and front of couple of restaurants
Business Operation
- Expansion Potential:
-
Micro soldering and Laser Back Glass
- Competition / Market:
-
Highest google and Facebook rating in the region.
- Reasons for selling:
-
Being a commercial pilot and flight instructor I have offered a job offer from nearby flying school thats why I am going to sell it and get a change of career. before opening this business I was working as a flight instructor in Sydney. When COVID came I lost my job and started this business. Now, it is the time to move on. Business is well established and ball park figure of average monthly income is around 11K.
- Trading hours:
-
Monday to Friday: 9am to 5pm
Sat 9 to 1pm
Sun: Closed
- Employees:
- 1
- Years established:
- 2021
Other Information
- Furniture / Fixtures value:
- $5,000 (AUD) - included in the asking price
- Inventory / Stock value:
- $40,000 (AUD)
