Type:

DVD rentals & Sales Krispy Kreme - Internet cafe Sydney's East

Description:

Business established over 18 years ago and relocated to its present location 5 years ago (this location had not been offered for lease for 25 years)

The business has one of the best locations in the suburb and there is good parking at the front door.

Krispy Kreme and Internet café make up an excellent combination and enhance the DVD store. The customer spend has increase dramatically since these brands joined the business.

This is by far the most dominant DVD store in the area and has little competition in the vicinity, the same owner owns the Hillsdale store and would be very interested to sell the two stores to the same buyer.

The store is running under full-time management and returns a healthy profit to the owner. If an owner operator was to purchase the business there would be a good opportunity to increase the profits.

• Annual turnover $468,578
• Annual net profits of $108,902
• New lease being offered to the new buyer.
• Rental terms of $78,461

Sale price $300k plus stock