SBX Business Brokers Phone : 02 9439 ****

Retail - Newsagency - Busy centre

Listing Id : 245650

Location : New South Wales - Forestville

Category : Newsagency and Lotto

Asking Price : 340,000

Business description

Retail - Newsagency - Northern Beaches - Agent SBX Code Number: GN1306 Newsagency selling lotto, magazines, newspapers, greeting cards, cigarettes, confectionery, gifts, Opal cards etc. - Has several sub agents and a successful paper delivery operation - Lotto sales are approx. $920,000 per year commission which has been included in takings shown. - Back to base alarm system. Potential The newsagency is situated in an affluent part of Sydney growing with numerous new units and housing developments associated with the new Northern Beaches Hospital. generating population growth within the local area, creating new potential for this already successful newsagency. There is an opportunity to expand gift lines and stationery to local businesses. Features Long established business for over 35 years - Loyal customers - Low rent. - Long lease - Premises Well presented shop of approx. 150 m2 including office with plenty of storage and secure wrap room. Location Situated within a fully tenanted village style shopping centre generating vast numbers of customers visiting 7 days a week. The village is located off a major Sydney artery road with major public transport options and is also in the vacinity of a local commercial business area. Trading Hours 7 days - Mon. - Fri. - 7.30 a.m. - 5.30 p.m. - Sat. - 7.30 a.m. - 2.30 p.m. - Sun. - 7.30 a.m. - 11.30 a.m. Lease 5 year lease commenced 5 July, 2016 + 5 year option. Employees One owner working full time + one partner only working 12 hours per week + 2 senior staff + 2 junior staff. Comments This is a fantastic business opportunity for a single operator, couple, family or business investor wanting to let a manager operate and run the store. - Lease includes off street parking for 2 cars.- Please do not speak to the owner or staff unless authorised by the agent. This information has been provided on a strictly confidential basis. Figures Weekly Sales $3**** **** Rent (ex GST) $1305 Wages $726 Profit $3480 Agent SBX Code Number: GN1306 - SBX Business Brokers

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