M1980 - Business For Sale - Newsagency Newsagency - Nett $3600 p.w - North Sydney Nsw - Sales $33,000 p.w. - 5.5 days
Newsagency - Retail - Lower North Shore SBX Business Code: M1980 Retail newsagency mainly selling lotto, cards, magazines, stationery etc. - Current year ( based on 11 months) lotto sales are $1,169,349 with commission $120,276. - No paper deliveries - One sub newsagent for magazines only. - Newly renovated shop at a cost $140,000.
Potential Do more marketing - Increase soft drink and cigarette sales. - Suit family operators.
Features Great and very busy location. - No competition. - Easy to operate. - New 7 years lease with good rent. - Short trading hours with high profit.
Premises Brand new shop fitout with an area of 55 m2.
Location Top location in high foot traffic area of shopping centre in Lower North Shore.
Trading Hours 5.5 days - Mon. - Fri. - 7 a.m.- 6 p.m. - Sat . -10 a.m.- 2 p.m. - Closed Public Holidays
Lease 7 years lease commenced July 2016. - 4% increases. - 3 months bond.
Employees One owner + 1 parttime staff (20 hours a week ).
Comments Rare to find 5.5 days newsagency without paper delivery on the market. - Great investment opportunity - Please be discreet when visiting the premises. - Misc.- 1- refers to general business expenses. Figures Weekly Sales $33000 Rent (ex GST) $1685 Wages $360 Profit $3600
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