Type:

DVD Rental/Sales & Internet Cafe Eastern Sydney

Description:

• This store is very close to the city and was established 5 years ago but has recently moved into larger premises.
• Very good pedestrian traffic in the area giving the business great exposure.
• The store has an internet café which is proving to be a success and has expanded to 9 terminals in 1 year.
• The store is the dominant store in the area and does not have any direct competition.
• The annual turnover last financial year was $475,641 with net profits of $157,432
• The store runs under full-time management and has done so since it was established.
• The yearly rental is 103,951 including outgoings and the lease term is 51/2 years

The business is located in an area that is undergoing a retail expansion and the owner believes this will have a positive impact on the business.

The size of this store presents opportunities for the owner to expand and is something that the current owners have commenced to explore.

Asking price $200k plus stock