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      Newsagency business for sale in Sydney

      • Newsagency
      • Sydney NSW 2000
      • $500000

      FS1072 - Business For Sale - Newsagency Great location

      Newsagency - Lower North Shore
      SBX Business Code: FS1072
      Newsagency selling newspapers, magazines, lotto, greeting cards, stationery, giftware, drinks & cigarettes etc.- Lotto commission approx. $100,000 per year included in takings.- Cards, magazines & stationery account for approx.40% of sales.- 6 sub agents.- Mon.- Fri. deliveries 700 - Sat-1,300 - Sun-700. -CCTV with 16 cameras.

      Potential
      Many opportunities with an affluent area -Expand gift lines & stationery -Parcel pick up services.- Set up on-line services and website.

      Features
      High volume of pedestrian traffic flow daily.-Big shop with beautiful fit-out. - Well established.

      Premises
      This business has an area of 220 sq.mts and is in excellent condition.

      Location
      Situated in the heart of a prestigious area of the Lower North Shore with walk through shop connecting to shopping centre.

      Trading Hours
      7 days - Mon. - Fri. - 600 a.m.- 600 p.m. -Sat. - 600 a.m.- 500 p.m. - Sun. - 600 a.m.- 400 p.m.

      Lease
      Current lease commenced August , 2015 and expires 31st July, 2020 .- C.P.I. rent increases.- 3 months bond.

      Employees
      2 owners + 8 casuals,

      Comments
      Fantastic business for husband & wife.- Business has been operating over 20 years -13 years with current owner.-The rent shown has been deducted by $760 as a sub-lease to a salon.-Full set of financial books are ready for genuine buyers.
      Figures
      Weekly Sales $51145
      Rent (ex GST) $2169
      Wages $2526
      Profit $5908

      SBX Business Code: FS1072

      SBX Business Brokers - Sydney Business Exchange

      Business Highlights

      Business ID

      2013497513

      Last updated

      01 Mar 2018

      Category

      Newsagency, Retail

      Map for Sydney NSW 2000

      Suite 1, 564 Pacific Highway St Leonards NSW 2065

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