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Newsagency business for sale in Sydney

  • Newsagency
  • Sydney NSW 2000
  • $218,000 (GST na)

F3004 - Business For Sale - Newsagency Established 40 years

Newsagency - Retail - Sydney City Fringe
SBX Business Code: F3004
Newsagency selling a huge selection of magazines, all the daily papers, greeting cards, drinks, confectionery, cigarettes, opal cards, phone recharge vouchers, wrapping paper and many other stationery items. - Deliveries are minimal and under 100 per day. - Lotto income is approx. $45000 per annum. - Weekly sales include approximately $9000 of lotto sales.The asking price is negotiable.

Potential
There is potential to add other stock items to the existing stock inventory held.

Features
Established many years. - Low rent - Same owner 16years. - Regular customers.

Premises
These premises are clean and very tidy with an area of 75 sq. mts.

Location
Prime street front location close to major railway station in the City fringe.

Trading Hours
6.5 days - Mon. - Fri. - 5.30 a.m. - 5 p.m. -Sat. - 6 a.m. - 3 p.m. - Sun. - 6 a.m. - 11 a.m.

Lease
A new 3 year lease commenced Oct. 2014 + a further three year option - 1 month bond.

Employees
The business is operated by a husband and wife team.

Figures
Weekly Sales $25000
Rent (ex GST) $843
Wages $0
Profit $2733

SBX Business Code: F3004

SBX Business Brokers - Sydney Business Exchange

Business Highlights

Business ID2011653729
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Category
Last updated  4 Apr 2019
Map for Sydney NSW 2000
SBX Business Brokers
Suite 1, Level 2, 2 - 4 Pacific Highway St Leonards NSW 2065

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