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Newsagency business for sale in Sydney

  • Newsagency
  • Sydney NSW 2000
  • $1200000

FS1015 - Business For Sale - Newsagency Well established

Newsagency - Post Office - South West Sydney
SBX Business Code: FS1015
Post Office & fully licensed newsagency selling newspapers, magazines, stationery, cards, confectionery, bus tickets. - One sub-agent. - No paper delivery - Lottery commission income per year $ 125,000 & post office income $165,000 per year

Potential
Could increase high profit margin products. e.g. cards, stationery. - Suit husband and wife team.

Features
Well established business over 25 years - Beautiful fitout. - Strong local support. - Easy operation. - No competition.

Premises
This business has an area of 100 sq.mts.

Location
Situated in busy shopping centre in South-West Sydney beside major supermarket.

Trading Hours
7 days - Mon.-Tues.- Wed.-Fri.- 800 a.m. - 600 p.m. - Thurs.- 7.00 p.m. - Sat. - 800 a.m.- 400 p.m. -Sun. - 800 a.m.- 200 p.m.

Lease
Current new 5 year lease expires March 2022. - 3% rental increase. - 3 month bond

Employees
2 owners + 3 casuals

Comments
This is a rare opportunity to purchase two businesses in one. - .The owner is willing to provide training & ongoing support. - The profit is based on two owners working 4 days a week. - Vendor has just spent 200k for renovation - Rent includes outgoing.
Figures
Weekly Sales $45000
Rent (ex GST) $1400
Wages $1000
Profit $8575

SBX Business Code: FS1015

SBX Business Brokers - Sydney Business Exchange

Business Highlights

Business ID2011905012
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Category
Last updated  7 Jan 2019
Map for Sydney NSW 2000
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Suite 1, Level 2, 2 - 4 Pacific Highway St Leonards NSW 2065

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