Skip to main content

Newsagency business for sale in Potts Point

  • Newsagency
  • Potts Point NSW 2011
  • $138,000 (GST na)

SF1291 - Business For Sale - Newsagency Newsagency - Potts Point - Profit $2827 p.w. - Busy Area in Shopping Plaza

Newsagency - Sydney City Fringe
SBX Business Code: SF1291
Newsagency selling lotto, papers, magazines, greeting cards, stationery, tobacco, cigarettes, drinks, confectionery, opal card, phone cards, mobile phone accessories, toys and stamps - photocopy and fax service.- 4 sub agents all nearby - Home delivery only in the local residential area. - Hospital delivery with full commission. Lotto sales average $15K p.w. - New LED light has been installed in store. - New CCTV camera - Newly approved N Parcel and Western Union money transfer.

Potential
Longer trading hours are allowed under zoning - Many new developments and apartments opening nearby - Increase stock variety and add gifts - Add dry cleaning

Features
Great location - Good foot traffic - Regular customers. - Best lottery sales in the area - Close to train station -Well established - High profit margins - High foot traffic.

Premises
Highly visible shop front with excellent fixtures and good layout. Large shop with storage area, office, mezzanine level and toilet and total area of 138 sq. mts.

Location
Centrally located in a very busy village plaza in the City Fringe near new developments and surrounded by retail and residential.

Trading Hours
7 -days - Mon. - Sat. - 7 a.m. till 7 p.m. - Sun. - 7 a.m. till 5.30 p.m.

Lease
Sep 16 till Sep 23. - 2.5% increases - 3 month bond.

Employees
2 owners - 1 casual - 1 delivery man

Comments
Misc 1 - Other general expenses. This is a great business in a very busy location with lots of retail and residential nearby . - POS browser system in place. - Sales records and P & L are available after a meeting - Motivated vendor - A must to inspect but please be discreet.
Figures
Weekly Sales $24500
Rent (ex GST) $2413
Wages $850
Profit $2827

SBX Business Code: SF1291

SBX Business Brokers - Sydney Business Exchange

Business Highlights

Business ID2013005503
Floor AreaAsk Business Broker
ParkingAsk Business Broker
Annual returnAsk Business Broker
Category
Last updated  12 May 2019
Map for Potts Point NSW 2011
Map for Potts Point NSW 2011Potts Point NSW 2011
SBX Business Brokers
Suite 1, Level 2, 2 - 4 Pacific Highway St Leonards NSW 2065
CallEmail