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Newsagency business for sale in Castle Hill

  • Newsagency
  • Castle Hill NSW 2154
  • $245,000 (GST na)

GNGD1061 - Business For Sale - Newsagency Long established

Newsagency - Retail - Lotto - Cigarettes - North West Sydney
SBX Business Code: GNGD1061
Newsagency selling newspapers, magazines, lotto, confectionery, gift cards, stationery, phone cards, stamps, cigarettes, toys, giftware, etc - exclusive newspaper deliveries for one suburb & non-exclusive for another - Annual lotto sales approx. $917,500 with profit of $94,000 p.a.

Potential
Suit owner operator. - increase revenue by contacting schools for stationery orders and student needs - expand gift range - better promotion of Lotto and tobacco products - place more promotional signage

Features
No close competition - Lots of foot traffic - Significant home delivery penetration. - Loyal repeat customers. - Excellent location with high population growth.

Premises
This business has an area of 45 sq. mts.

Location
Situated in residential shopping village opposite busy supermarket in North West Sydney

Trading Hours
7 days - Mon. - Fri. - 8 a.m. to 6 p.m. - Sat. - 8 a.m. to 5 p.m. - Sun. - 8 a.m. to 2 p.m.

Lease
4 year lease commenced Sept. 2018- annual 4% rental increases - 3 months bond

Employees
1 owner-operator full time + 1 driver part-time

Comments
Equipment comprises high-quality newspaper wrapping machine, new computer, owned drink cooler, supplier-owned ice cream freezer, Lotto computer (from supplier)
Figures
Weekly Sales $24636
Rent (ex GST) $1045
Wages $680
Profit $3066

SBX Business Code: GNGD1061

SBX Business Brokers - Sydney Business Exchange

Business Highlights

Business ID2014704116
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Category
Last updated  10 May 2019
Map for Castle Hill NSW 2154
SBX Business Brokers
Suite 1, Level 2, 2 - 4 Pacific Highway St Leonards NSW 2065

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