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      Newsagency business for sale in Sydney

      • Newsagency
      • Sydney NSW 2000
      • $260000

      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 of $739,000 with profit of $76,000 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 ID

      2014704116

      Last updated

      13 Oct 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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