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Newsagency business for sale in Sydney

  • Newsagency
  • Sydney NSW 2000
  • $340,000 (GST na)

M1615 - Business For Sale - Newsagency Great opportunity.

Newsagency - Newcastle Area
SBX Business Code: M1615
Full newsagency selling newspapers, magazines, cards, books, stationery, postage etc. -Lotto sales $800k - Newsagency and magazine yearly profit is $150k.

Potential
Ideal for owner operator or investor.

Features
Low rent. Solid income. No competition. Loyal customers.

Premises
Well presented shop with an area of 144 sq. mts.

Location
Good location in shopping village.

Trading Hours
6.5 days. - Mon. - Fri. - 500 a.m. - 600 p.m. - Sat. - 600 a.m.- 400 p.m. - Sun. - 600 a.m.-1200 p.m.

Lease
5 + 5 year lease commenced 2011. - C.P.I increases - 3 month bond.

Employees
2 owners plus staff.

Comments
The above figures shown are based on 2 fulltime owners working in the business. - Current parttime working owner pays $4000 wages per week. - Full financial figures available. - The lotto commission of $75,252 can cover yearly rent.
Figures
Weekly Sales $40000
Rent (ex GST) $1000
Wages $1500
Profit $4000

SBX Business Code: M1615

SBX Business Brokers - Sydney Business Exchange

Business Highlights

Business ID2010474459
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ParkingAsk Business Broker
Annual returnAsk Business Broker
Category
Last updated  7 Mar 2019
Map for Sydney NSW 2000
SBX Business Brokers
Suite 1, Level 2, 2 - 4 Pacific Highway St Leonards NSW 2065

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