Newsagency business for sale in Bondi Junction
- Bondi Junction NSW 2022
- $398,000 (GST na)
SF1582G - Business For Sale - Newsagency Newsagency - Eastern Suburbs - Sales $70,467 p.w- Nets $4,670 p.w. -Financials
Newsagency - Under Management - Retail - Stationery - Eastern Suburbs
SBX Business Code: SF1582G
Newsagency (2 shops in 1 ) - Large shop selling newspapers, magazines, greeting cards, stationery, phone cards, Opal transport tickets, lotto, confectionery, gifts and helium filled balloons in store and online - Annual lotto sales $3,262,820 and commission of $305,293 and Number 1 Lotto retail in the area - Sales and commission is currently growing by 9.3% per annum. - Very high sales of magazines, greeting cards, lotto and stationery. - Price is plus stock at value approx $170,000
Huge potential for a hands on owner operator to reduce wages, increase sales and profit. - Suitable for an investor, a family business or a single operator or couple. - Could add tobacco and drinks
Prime location in busy shopping centre - High foot traffic - Loyal staff and customers - Stable and secure business - Well established.
Well presented spacious retail premises with a wide frontage in a sought after position with office and storage and and area of 234m2
Excellent position with lots of passing foot traffic and surrounded by other major retailers in a large shopping centre in the Eastern Suburbs of Sydney
7 days - Mon. - Sat. - 8.30 a.m. - 6.00 p.m. - Thurs. 8.30 a.m. - 9 p.m. and Sun. - 9.30 a.m. - 6 p.m.
A new 5 year lease will be available to an approved buyer - CPI + 3% annual Increases. - Currently 2 month bond.
Total of 6 staff
Misc.- 1- POS system - Misc 2 - Other general expenses and promotion Levy - Excellent profits from this quality newsagency. - This is an opportunity to acquire a secure and profitable business. - Complete detailed systems and procedures in place for all operations of the business as well as an online balloon business with automated purchase and payments included in the sale. - Also Included is a Loyalty data base and thank you club, and active Facebook and Instagram accounts. - A minor refurbishment may be required for the new lease period with Westfield, as well as a new Lotto counter (approx $60K) One of the busiest and best newsagencies on our books and first time on the market - Vendor is very experienced and full training will be available. -The average weekly figures are based on the 2020/2021 A must to inspect but please be very discreet!
Weekly Sales $70467
Rent (ex GST) $7825
SBX Business Code: SF1582G
SBX Business Brokers - Sydney Business Exchange
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