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Newsagency For Sale in Gold Coast QLD

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Newsagency - Retail - Top Top Location

Location:Gold Coast, Queensland

Category:Newsagency and Lotto

Asking Price:$200,000

200000

  • Sales revenue : Undisclosed
  • Net profit : Undisclosed
  • Furniture/Fixtures value : Undisclosed
  • Inventory/Stock value : Undisclosed
  • Newsagency  -  Retail - Top Top Location

Business description

Newsagency - Retail - Gold Coast - Agent SBX Code Number: TTQW1044QJ

Newsagency retailing magazines, newspapers, cards & wrappings, confectionery, drinks, phone cards, stationery, gifts and lotto. - Ranked as one of the top newsagencies in the country for volume of lotto sales trading over a million dollar per year.

Potential
Top performing business with lots of potential to expand its trade adding tobacco products and souvenirs.

Features
Massive established clientele - Fantastic foot traffic location - Great lifestyle opportunity.

Premises
Kiosk has an area of 35 sq. metres.

Location
Situated in the largest shopping centre of an iconic Gold Coast suburb with millions of visitors every year.

Trading Hours
7 days - 6.30 a.m. to 6.30 p.m.

Lease
8 years lease commenced June, 2017 - 4% C.P.I. Increases - 3 months bank guarantee

Employees
2 owners.

Comments
Lotto sales account for the 80% of this successful Newsagency income, bringing over $100,000 per year just in lotto commissions. - Finance opportunities available for the purchase of this business. - Miscell. -1 - includes general costs of running the business.

Figures
Weekly Sales $29000
Rent (ex GST) $1650
Wages $0
Profit $3000


Agent SBX Code Number: TTQW1044QJ - SBX Business Brokers

Other Information

    Sbx Business Brokers
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