SBX Business Brokers Phone : 02 9439 ****

Newsagency - Busy shopping centre location

Listing Id : 224526

Location : Queensland

Category : Newsagency and Lotto

Asking Price : 100,000

Business description

Newsagency - Brisbane City Fringe - Agent SBX Code Number: TTQH10**** **** Newsagency selling gift cards, newspapers, magazines, phone cards, postage, stationery, Go Cards, Ladbrokes, Golden Casket, tobacco, confectionery and drinks.- Also operates as delivery service point for Toll, TNT and Fastway. - Delivers newspapers to supermarket daily in the same shopping centre. Potential Could add dry cleaning, ATM, toys and other gift items - Lots of new apartments in surrounding areas. Features No competition - Established over 30 years -Well known business - Great location Premises This business has an area of approx. 106 m2 Location Situated in a local busy shopping centre surrounded by high density residential surburbs. Trading Hours 7 days - Mon. - Wed. - 8 a.m. - 6 p.m. - Thurs. - 8 a.m. - 730 p.m. - Fri. - 8 a.m. - 6 p.m. -Sat. - 8 a.m. - 5 p.m.- Sun. - 9 a.m. - 3 p.m. Lease Current lease expires Jan. 2019 - 3 months bank guarantee - 5% increases p.a. Employees 1 owner (40 hours per week) + 4 parttimers Comments This newsagency belongs to a buying group with $200 membership fee per month - no purchase obligations- new owner can purchase from any supplier. - Rent includes outgoings, - Misc. -1- includes fees & charges from Golden Casket. - Misc.- 2- includes all other business expenses such as accounting fees, bank charges, etc. Figures Weekly Sales $13674 Rent (ex GST) $2273 Wages $689 Profit $1648 Agent SBX Code Number: TTQH10**** **** - SBX Business Brokers


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