Business for sale in New South Wales , Sydney
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| Company Details: | Sydney Business Exchange |
Full newsagency selling newspapers, magazines, stationery, confectionery, cards, books etc. The business takings include $51,000 of lottery sales per week. The commission average is $3,500 per week. No newspaper deliveries.
Advert Id : 26065
Sellers Ref: (M1532)
Location: New South Wales
- Sydney -Inner West
Category: Newsagency and Tatts
Financial summary
Asking Price: $ 350,000
Sales revenue: Undisclosed
Net profit: Undisclosed
Furniture/Fixtures value: Undisclosed
Inventory/Stock value: Undisclosed
Sales revenue: Undisclosed
Net profit: Undisclosed
Furniture/Fixtures value: Undisclosed
Inventory/Stock value: Undisclosed
Business description
Newsagency - Inner West
SBX Business Code: M1532
Full newsagency selling newspapers, magazines, stationery, confectionery, cards, books etc. The business takings include $51,000 of lottery sales per week. The commission average is $3,500 per week. No newspaper deliveries. Full renovation in 2008.
Potential
Great family business. With two owners working fulltime the profit could be $4000 per week by reducing wages.
Features
Great location. Easy operation. Well priced.
Premises
This business has an area of 150 sq.mts. and is in good condition
Location
Prime location in major Inner West shopping centre.
Comments
One of the best newsagencies in our books. Very reasonably priced to sell.
Figures
Weekly Sales $73000
Rent (ex GST) $6259
Wages $1843
Profit $3308
View the latest information about this business.
SBX Business Code: M1532
Full newsagency selling newspapers, magazines, stationery, confectionery, cards, books etc. The business takings include $51,000 of lottery sales per week. The commission average is $3,500 per week. No newspaper deliveries. Full renovation in 2008.
Potential
Great family business. With two owners working fulltime the profit could be $4000 per week by reducing wages.
Features
Great location. Easy operation. Well priced.
Premises
This business has an area of 150 sq.mts. and is in good condition
Location
Prime location in major Inner West shopping centre.
Comments
One of the best newsagencies in our books. Very reasonably priced to sell.
Figures
Weekly Sales $73000
Rent (ex GST) $6259
Wages $1843
Profit $3308
View the latest information about this business.
See more from SBX Business Brokers.
General Information
Employees: 2 owners ( 1 works 5 days + 1 works 2 days) + 2 full timers and 2 parttimers.
Trading Hours:7 days - Shopping centre hours.
Trading Hours:7 days - Shopping centre hours.
Other Information
Selling Assets: 1Reason Selling: Retiring
Lease Terms: Current lease expires 10/7/2014. - Can be extended to 5 years. Subject to landlord approval.
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