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Shop & Retail business for sale in NSW

  • Shop & Retail
  • NSW
  • $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.

No deliveries.

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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John Ramsay
Central Coast Business Brokers
John Ramsay
Central Coast Business Brokers

Business Highlights

Business ID2017165950
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Last updated  1 Aug 2021
Map for NSW
Map for NSWNSW
John Ramsay
Central Coast Business Brokers
John Ramsay
Central Coast Business Brokers

Business Highlights

Business ID2017165950
Floor AreaAsk Business Broker
ParkingAsk Business Broker
Annual returnAsk Business Broker
Category
Last updated  1 Aug 2021
Central Coast Business Brokers
Shop 2/51 Kerry Crescent Berkeley Vale NSW 2261
John Ramsay
Central Coast Business Brokers
John Ramsay
Central Coast Business Brokers
John Ramsay

John Ramsay

Central Coast Business Brokers

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