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Newsagency For Sale in Sydney NSW

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Sub - Newsagency - Retail - Shopping Centre Location

Location:Sydney, New South Wales

Category:Newsagency and Lotto

Asking Price:$80,000

80000

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

Business description

Sub - Newsagency - Retail - Western Suburbs - Agent SBX Code Number: FX1096

Retail sub - newsagency selling lotto, magazines, stationery, newspapers, greeting cards, gifts, confectionery, photocopy, fax, drinks,etc. - Lotto sales are approx. $1m. per year with commission approx. $100k per year included in takings - Also has Opal cards.

Potential
Could add more gifts - lots of new developments around the shopping centre will add to the residential numbers.

Features
No paper deliveries. - Suit first time buyer. - Well established.

Premises
Large modern shop with storage and an area of 110 sq. mts.

Location
Situated in main shopping centre in outer Western Sydney next to railway station.

Trading Hours
7 days - Mon. to Wed. - 9 a.m. - 5 p.m. - Thurs. - 9 a.m. - 7 p.m. - Sat. - 9 a.m. - 5 p.m. - Sun. - 10 a.m. - 5 p.m.

Lease
Current lease expires November, 2022. - Annual rental 3% C.P.I.increases. - 3 months bond.

Employees
1 full time owner operator.

Comments
Owner is willing to assist with a smooth transition and will provide 2 weeks training.

Figures
Weekly Sales $24000
Rent (ex GST) $1000
Wages $0
Profit $2015


Agent SBX Code Number: FX1096 - SBX Business Brokers

Other Information

    Sbx Business Brokers
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