SBX Business Brokers Phone : 02 9439 **** SBX Business Brokers
02 94 ****




Newsagency - Retail - Top location

Listing Id : 233904

Location : New South Wales

Category : Newsagency and Lotto

Asking Price : 380,000

Business description

Newsagency - Retail - Lower North Shore - Agent SBX Code Number: M1980 Retail newsagency mainly selling lotto, cards, magazines, stationery etc. - Current year ( based on 11 months) lotto sales are $1,169,349 with commission $120,276. - No paper deliveries - One sub newsagent for magazines only. - Newly renovated shop at a cost $140,000. Potential Do more marketing - Increase soft drink and cigarette sales. - Suit family operators. Features Great and very busy location. - No competition. - Easy to operate. - New 7 years lease with good rent. - Short trading hours with high profit. Premises Brand new shop fitout with an area of **** **** m2. Location Top location in high foot traffic area of shopping centre in Lower North Shore. Trading Hours 5.5 days - Mon. - Fri. - 7 a.m.- 6 p.m. - Sat . -10 a.m.- 2 p.m. - Closed Public Holidays Lease 7 years lease commenced July 2016. - 4% increases. - 3 months bond. Employees One owner + 1 parttime staff (20 hours a week ). Comments Rare to find 5.5 days newsagency without paper delivery on the market. - Great investment opportunity - Please be discreet when visiting the premises. - Misc.- 1- refers to general business expenses. Figures Weekly Sales $33000 Rent (ex GST) $1685 Wages $360 Profit $3600 Agent SBX Code Number: M1980 - SBX Business Brokers


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