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Newsagency For Sale in NSW

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Newsagency For Sale In The North West Sydney

Location:New South Wales

Category:Newsagency and Lotto

Asking Price:$380,000

380000

  • Sales revenue : Undisclosed
  • Net profit : Undisclosed
  • Furniture/Fixtures value : Undisclosed
  • Inventory/Stock value : Undisclosed
  • Newsagency For Sale In The North West Sydney

Business description

This business is located in a mid-size shopping centre in the north-west of Sydney. With its storefront directly facing the parking lot, it attacks lots of foot traffic.

Potential

There is potential to add other stock items, especially cigarettes and tobacco, to the existing stock inventory held, which could boost the revenue further.

Lease

Current 7 year lease till Nov 2023; Weekly Monthly rent $9,603+GST 

Employees

3 well trained staff; easy to manage

About the Business

The shopping center is in the middle of Castle Hill and Blacktown with ten minutes’ drive to each.

As a successful newsagency, it has its own regular customers which makes it strong and stable even during the COVID period.

Lotto income is over 2.2 million dollar per annum, which generates enough commission to cover all the business essential expenses.



Highlights

- A mid-size shopping center in the NW Sydney

- Strong and stable even during the COVID period.

- Generates enough commission

- Well established newsagency business



For more information on this opportunity, please contact the undersigned:



Violet Cui

Business Sales Specialist

M: [Phone Number Censored] T: [Phone Number Censored] E: [Email Censored]



Or



Barton Cha

Business Sales Specialist

M: [Phone Number Censored] T: [Phone Number Censored] E: [Email Censored]



For more details go to [Web Link Censored] and complete our online confidentiality agreement. Use the reference ID [Phone Number Censored] to search for the business.



Disclaimer:

Due to the confidential nature of the sale, images used may be stock images and not representative of the business for sale. Total earnings, EBIT or EBITDA, includes add backs relevant to the current owners. Add backs may include, owner's salaries, directors benefits, personal expenses, non-recurring expenses, one-off expenses, capital costs, depreciation and generally any costs relevant to the current owners.

Other Information

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