SBX Business Brokers Phone : 02 9439 ****

Newsagency - Retail - Newsagency - Gold Coast Area - Sales $29,000 p.w.

Listing Id : 261177

Location : Queensland

Category : Newsagency and Lotto

Asking Price : 200,000

Business description

Newsagency - Retail - Gold Coast - Agent SBX Code Number: TTQW1**** **** QJ Newsagency retailing magazines, newspapers, cards & wrappings, confectionery, drinks, phone cards, stationery, gifts and lotto. - Ranked as one of the top newsagencies in the country for volume of lotto sales trading over a million dollar per year. Potential Top performing business with lots of potential to expand its trade adding tobacco products and souvenirs. Features Massive established clientele - Fantastic foot traffic location - Great lifestyle opportunity. Premises Kiosk has an area of 35 sq. metres. Location Situated in the largest shopping centre of an iconic Gold Coast suburb with millions of visitors every year. Trading Hours 7 days - 6.30 a.m. to 6.30 p.m. Lease 8 years lease commenced June, 2017 - 4% C.P.I. Increases - 3 months bank guarantee Employees 2 owners. Comments Lotto sales account for the 80% of this successful Newsagency income, bringing over $100,000 per year just in lotto commissions. - Finance opportunities available for the purchase of this business. - Miscell. -1 - includes general costs of running the business. Figures Weekly Sales $29000 Rent (ex GST) $1650 Wages $0 Profit $3000 Agent SBX Code Number: TTQW1**** **** QJ - SBX Business Brokers

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