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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

01 Nov 2018

Category

Newsagency, Retail

Map for Sydney NSW 2000

Suite 1, Level 2, 2 - 4 Pacific Highway St Leonards NSW 2065

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