SBX Business Brokers Phone : 02 9439 ****

Newsagency - Post Office - Well established

Listing Id : 100345

Location : New South Wales

Category : Newsagency and Lotto

Asking Price : 1,200,000

Business description

Newsagency - Post Office - South West Sydney - Agent SBX Code Number: FS1015 Post Office & fully licensed newsagency selling newspapers, magazines, stationery, cards, confectionery, bus tickets. - One sub-agent. - No paper delivery - Lottery commission income per year $ 125,000 & post office income $165,000 per year Potential Could increase high profit margin products. e.g. cards, stationery. - Suit husband and wife team. Features Well established business over 25 years - Beautiful fitout. - Strong local support. - Easy operation. - No competition. Premises This business has an area of 100 sq.mts. Location Situated in busy shopping centre in South-West Sydney beside major supermarket. Trading Hours 7 days - Mon.-Tues.- Wed.-Fri.- 800 a.m. - 600 p.m. - Thurs.- 7.00 p.m. - Sat. - 800 a.m.- 400 p.m. -Sun. - 800 a.m.- 200 p.m. Lease Current 5 year lease expires March 2**** **** . - 3% rental increase. - 3 month bond Employees 2 owners + 3 casuals Comments This is a rare opportunity to purchase two businesses in one. - .The owner is willing to provide training & ongoing support. - The profit is based on two owners working 4 days a week. - Vendor has just spent 200k for renovation - Rent includes outgoing. Figures Weekly Sales $45000 Rent (ex GST) $1400 Wages $1000 Profit $8575 Agent SBX Code Number: FS1015 - SBX Business Brokers


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