Newsagency - Retail - News agency - North West Sydney - Very well established - Netting $4213 p.w. - FS1058F

Industry: Professional - All, Professional - Brokerage, Professional - All, Professional - Brokerage | Listed by: SBX Business Brokers


Key Strengths:


About the business

Newsagency - Retail - North West Sydney - Agent SBX Code Number: FS1058F

Newsagency selling magazines, newspapers, stationery, cards, cigarettes, confectionery, gifts & tickets etc. 5 sub-agents.No deliveries. Lotto sales are approx. $1,052,000 per year with commission of approx. $98,000

Potential
Much more scope for substantial increase in lotto sales.

Features
Well established- Long lease. - No competition. - Recent lotto fit out - Fully licensed newsagency.

Premises
This business has an area of 65 sq. mts.

Location
Situated in a very busy local community with supermarkets, cafes, banks, & restaurants.

Trading Hours
7 days - Mon. - Fri. - 600 a.m.- 600 p.m. -Sat. - 600 a.m.- 500 p.m. - Sun. - 600 a.m.- 100 p.m.

Lease
New 5 + 5 year lease commenced Nov.2019 - 2.5% rent increase per year- - 3 months bond required.

Employees
One owner + 5 casuals.

Comments
New renovation done on shop recently - Fantastic business opportunity for husband & wife. - Support and training provided.

Figures
Weekly Sales $35000
Rent (ex GST) $917
Wages $1000
Profit $3500


Agent SBX Code Number: FS1058F - SBX Business Brokers
Know someone that could be interested in this?
Asking Price:
$250,000
Yearly Profit :

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Country

Australia

State

New South Wales

Suburb

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Postcode

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Established on
1988

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Stock

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Contact Details Verified

EmailEmail Address

Email Broker Verified

Advertiser Details
Company Logo
New South Wales
Australia
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