Shop & Retail business for sale in NSW
- Shop & Retail
- $390,000 plus SAV
Newsagency Long Established Good Rent on Central Coast
Newsagency/Lotteries Prime position, low rent, large bright shop of 150m2.
High exposure, premium location with plenty of parking.
Simple business would suit owner/operators, partnerships or family business with consistent sales and profit circa $185,000 per annum to operators.
Consistent sales through Covid-19 period last year.
Approx. $500k in shop sales, magazines, papers, stationary, gifts and cards.
New reception/Lottery fitout with 2 terminals approx. $150,000 commissions per annum.
Low stock holding of approx. $60,000.
Operates Monday to Friday 7am to 5pm and short days Saturday and Sunday 7am to 12pm.
Established 35 years current owner 12 years.
Long lease with good rent.
Price: $390,000 plus SAV SAV: Approx. $60,000
Business Reference #: 554
Region: Central Coast
Turnover: Approx. $650k inc $150k lottery com
Adjusted Net: Approx. $185,000 per annum
Years Established: 35 years current owner 12 years.
Permanent Staff: 1 Fulltime, Owner part time Casual Staff: 3 casuals
Hours Weekday: 7am to 5pm Hours Weekend: 7am to 12pm
Lettable Area: 150m2
Lease Terms: 2 years plus 5 year option
Rent per Calendar Month: $3,372 GST: exempt
Outgoings: included in rent
Parking Comments: Plenty of customer parking
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