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Newsagency business for sale in Kiama

  • Newsagency
  • 68 Terralong Street Kiama NSW 2533
  • SOLD - Price Withheld

Kiama Newsagency - only $220,000 +. stock! No home deliveries

Situated in the centre of Kiama, only 120 km south of Sydney, this growing newsagency has no home deliveries!

High margin categories of stationery, cards & gifts all grew last year, and Lotto expanded by 8.9%.

Huge tourist driven trade can be further capitalised with increased sales of souvenirs & gifts.

NO HOME DELIVERIES!

Large 220 sq m premises, low rent, long lease.

Lotto sales ranking in NSW has increased 5 years in a row!

Net profit $2,686 per week

Prce only $300,000 for goodwill, fixtures & Fitinngs and stock. NO OFFERS at that price, sorry.

To receive further information please complete the below registration: http://www.abbagroup.com.au/?p=3138782#enquire-now
Annual Rent : $95,056 -
Weekly Rent : $1,828

Annual Turnover : $1,148,524 -
Weekly Turnover : $22,087

Annual Gross Profit : $393,692 -
Weekly Gross Profit : $7,571

Annual Ebit : $139,672 -
Weekly Ebit : $2,686

Premise : Leased

Lease Commencement : Jan 2013

Lease End : Jan 2018

Lease Option:
5 years

Total Floor Area : 220 Square Metres

Franchise : No

Approximate Stock Value : $80,000

Year Purchased : 2003

Year Established : 1966

Days Trading : 7

Staff :
2 Full Time - 4 Casual

Staff Salaries : $99,996

Additional Notes : Name of Newsagency and Price MUST be displayed on all sites (as per Leura Newsagency listing). Aust Business for Sale and Business for Sale sites NOT to have ABBA contact details - refer Anthony

Reason for Sale : Retirement

Location : In the centre of Kiama, the iconic seaside town, just 120 km south of Sydney.

Business Potential : Huge tourist trade can be further capitalised with increased sales of souvenirs & gifts

Parking Comments : car - Street parking out front + carpark behind shop

Business Highlights

Business ID2013006362
Floor AreaAsk Business Broker
Category
Last updated  7 Oct 2017
Map for 68 Terralong Street Kiama NSW 2533
Map for 68 Terralong Street Kiama NSW 253368 Terralong Street Kiama NSW 2533

Business Highlights

Business ID2013006362
Floor AreaAsk Business Broker
Category
Last updated  7 Oct 2017
Abba Group
Level 1, 183 Harris Street Pyrmont NSW 2009

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