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      Newsagency business for sale in Sydney

      • Newsagency
      • Sydney NSW 2000
      • $800000

      F3135 - Business For Sale - Newsagency Great opportunity

      Newsagency - Freehold - Newcastle area
      SBX Business Code: F3135
      Freehold newsagency selling newspapers, lotto, magazines, opal cards, stationery plus greeting cards. - The building needs some renovations but the shop is constant with continuous customers. - Eight sub newsagencies - Mon - Fri deliveries approx. 250 - Sat. - 400 - Sun - 200 - Lotto sales approx. $14, 500 per week and profit $71,383 per annum .Freehold $300000.00 Business $500000.00

      Potential
      Room for expansion of building - could add food, gifts and toys.

      Features
      Established over 60 years.

      Premises
      Shop has an area of 120 sq. mts. - including bathroom, one bedroom, kitchen, office, covered in verandah.

      Location
      Situated on main arterial road into township North of Newcastle in one of the largest growth areas of N.S.W.

      Trading Hours
      7 days - Mon. - Fri. - 5.00 a.m. - 6.00 p.m. - Sat. - 5.00 a.m. - 12 p.m. - Sun. - 6.30 a.m. - 12 p.m.

      Lease
      Freehold only.

      Employees
      Two owners + one fulltimer + two casuals.

      Comments
      Fantastic business for husband and wife team. - Business has been operating over 60 years - 21 years by current owners. - Vendor is asking $500k for the business and $300k for the freehold. - Total $800k plus stock at value. - g.s.t. not included if applicable.
      Figures
      Weekly Sales $31640
      Rent (ex GST) $0
      Wages $944
      Profit $3500

      SBX Business Code: F3135

      SBX Business Brokers - Sydney Business Exchange

      Business Highlights

      Business ID

      2013015432

      Last updated

      07 Mar 2018

      Category

      Newsagency, Retail

      Map for Sydney NSW 2000

      Suite 1, 564 Pacific Highway St Leonards NSW 2065

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