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Newsagency business for sale in Sydney

  • Newsagency
  • Sydney NSW 2000
  • $168,000 (GST na)

F3294 - Business For Sale - Newsagency Established 40 years

Newsagency - Retail - Upper North Shore
SBX Business Code: F3294
Newsagency selling newspapers, magazines and similar publications, greeting cards, stationery, lottery and opal cards. - They provide a delivery service for newspapers and magazines. - Mon. to Fri. approx.160 deliveries. - Sat. approx. 330 deliveries and 430 on Sunday. - They also sell confectionery, drinks, phone cards, transport tickets, toys and gifts. - Services provided include photocopying, fax and other similar services such as dry cleaning agent. - The business has 7 sub-newsagents. - The Lotto fittings have been recently renovated to latest standards at a cost of approx. $20,000.

Potential
Could increase giftware side of business.

Features
Same owner 13 years - Large percentage of deliveries done by staff. - Great location.

Premises
Full newsagency with storage and bathroom at the rear of rhe premises and a total area of 100 sq. mts.

Location
Prime street front location in small strip shopping centre in Upper North Shore

Trading Hours
7 days -Mon. to Fri. - 630 a.m. - 630 p.m. - Sat. and Sun. - 700 a.m. - 200 p.m.

Lease
A new 9 year lease is available to a suitable purchaser ( 3 + 3 + 3 years) - the annual rental increases will be C.P.I. - The current rental bond is one month.

Employees
Husband and wife plus 2 paper delivery drivers. - Wife works 4 hours per day Monday to Friday .

Comments
Lotto sales (included in weekly sales ) per annum $605,137 for last year and the commission rate is 9.3 % - First time on the market and a must to inspect.
Figures
Weekly Sales $17000
Rent (ex GST) $546
Wages $600
Profit $2200

SBX Business Code: F3294

SBX Business Brokers - Sydney Business Exchange

Business Highlights

Business ID2014957764
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Category
Last updated  20 Feb 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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