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Newsagency business for sale in Sydney

  • Newsagency
  • Sydney NSW 2000
  • $380,000 (GST na)

M1980 - Business For Sale - Newsagency Top location

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

SBX Business Code: M1980

SBX Business Brokers - Sydney Business Exchange

Business Highlights

Business ID2014200167
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Category
Last updated  13 May 2019
Map for Sydney NSW 2000Sydney NSW 2000
SBX Business Brokers
Suite 1, Level 2, 2 - 4 Pacific Highway St Leonards NSW 2065

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