Newsagency Growing Profits! PRICE REDUCED
NEGOTIABLE!

Industry: Retail - Newsagency/Tatts | Listed by: ABBA Group
Key Strengths
About this business

Business Headline : Newsagency Growing Profits! PRICE REDUCED NEGOTIABLE!


Price : $336,000


Category : Retail, Newsagency/Tatts


Stockland Shellharbour is one of the largest shopping centres in the Illawarra area, located on Lake Entrance Road at Shellharbour City Centre, approximately 20 km south of Wollongong.


At Stockland Shellharbour there are over 3,000 outdoor and undercover car spaces for customers\' convenience.  And most importantly parking is free!  Bus services are at the door.


Major stores include Coles, Woolworths, Myer, Kmart, Target and Best & Less.


There are all 4 major banks and a Post Office.


Shellharbour Nextra Newsagency enjoys...



  • Growing sales & profits in LOTTO and non-LOTTO.

  • Ranked #13 in LOTTO sales in NSW/ACT, up from #50 in 2013/2014!

  • CARDS/WRAP - $2,610 weekly groaa profit

  • STATIONERY - $1,257 weekly gross profit

  • No home deliveries!

  • 191 sq metres of shop/office space.

  • Very low rent for this size of centre. Current lease ends Sept 2019 but new lease available for approved applicant for 5 or perhaps 7 years.

  • Newsagency generates $3,749 “net” profit per week

  • 24/7 newsagency software support comes from Tower Systems, the leading provider to newsagencies in Australia. Training will be provided


PRICE: $289,000 Goodwill, $47,000 F & F, $84,000 Stock


To To receive further information please complete the below registration: http://www.abbagroup.com.au/?p=4086955#enquire-now

Annual Rent : $231,816 -
Weekly Rent : $4,458


Annual Turnover : $991,328 -
Weekly Turnover : $19,064


Annual Gross Profit : $616,408 -
Weekly Gross Profit : $11,854


Annual Ebit : $194,948 -
Weekly Ebit : $3,749


Lease Commencement : Jan 2014


Lease End : Sep 2019


Total Floor Area : 191 Square Metres



Franchise : No


Approximate Stock Value : $84,000


Days Trading : 7


Staff :
2 Full Time - 4 Part Time - 4 Casual


Staff Salaries : $111,228


Reason for Sale : Retirement


Location : Shellharbour


Business Potential : Potential to significantl;y grow Gifts

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  • ListingImage
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Business Name / Ref #:
Contact Advertiser
Location:
Shellharbour
NSW
Asking Price:
$336,000
Revenue:
Year Established:
No.of Employees:
-
Gross Profit:
Fixtures:
Stock:
Lease:
231816
Trading Hours:
Website:
Contact Details:
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Advertiser Details

Sales, Mergers & Acquisitions
Location: Level 1, 183 Harris Street
PYRMONT NSW 2009, New South Wales
2009, Australia

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All Comments

Newsagency Growing Profits! PRICE REDUCED NEGOTIABLE! ListingImage
About this business

Business Headline : Newsagency Growing Profits! PRICE REDUCED NEGOTIABLE!


Price : $336,000


Category : Retail, Newsagency/Tatts


Stockland Shellharbour is one of the largest shopping centres in the Illawarra area, located on Lake Entrance Road at Shellharbour City Centre, approximately 20 km south of Wollongong.


At Stockland Shellharbour there are over 3,000 outdoor and undercover car spaces for customers\' convenience.  And most importantly parking is free!  Bus services are at the door.


Major stores include Coles, Woolworths, Myer, Kmart, Target and Best & Less.


There are all 4 major banks and a Post Office.


Shellharbour Nextra Newsagency enjoys...



  • Growing sales & profits in LOTTO and non-LOTTO.

  • Ranked #13 in LOTTO sales in NSW/ACT, up from #50 in 2013/2014!

  • CARDS/WRAP - $2,610 weekly groaa profit

  • STATIONERY - $1,257 weekly gross profit

  • No home deliveries!

  • 191 sq metres of shop/office space.

  • Very low rent for this size of centre. Current lease ends Sept 2019 but new lease available for approved applicant for 5 or perhaps 7 years.

  • Newsagency generates $3,749 “net” profit per week

  • 24/7 newsagency software support comes from Tower Systems, the leading provider to newsagencies in Australia. Training will be provided


PRICE: $289,000 Goodwill, $47,000 F & F, $84,000 Stock


To To receive further information please complete the below registration: http://www.abbagroup.com.au/?p=4086955#enquire-now

Annual Rent : $231,816 -
Weekly Rent : $4,458


Annual Turnover : $991,328 -
Weekly Turnover : $19,064


Annual Gross Profit : $616,408 -
Weekly Gross Profit : $11,854


Annual Ebit : $194,948 -
Weekly Ebit : $3,749


Lease Commencement : Jan 2014


Lease End : Sep 2019


Total Floor Area : 191 Square Metres



Franchise : No


Approximate Stock Value : $84,000


Days Trading : 7


Staff :
2 Full Time - 4 Part Time - 4 Casual


Staff Salaries : $111,228


Reason for Sale : Retirement


Location : Shellharbour


Business Potential : Potential to significantl;y grow Gifts

Revenue:

Year Established:

No.of Employees:-

Gross Profit:

Fixtures:

Stock:

Lease:231816

Trading Hours:

Website:

$336,000

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