SBX Business Brokers Phone : 02 9439 ****

Newsagency. - Convenience Store - Under Management - Under Management - Long established - New renovated - Nothing to spend.

Listing Id : 269652

Location : New South Wales

Category : Newsagency and Lotto

Asking Price : 298,000

Business description

Newsagency. - Convenience Store - Under Management - City Fringe - Agent SBX Code Number: FW1**** **** Newsagency - convenience store selling newspapers, magazines, lotto, greeting cards, stationery, giftware, drinks & cigarettes etc - Newly renovated shop - Lotto sales approx. $18, 645 p.w. with profit $117,364 per annum. - No newspaper delivery. Potential New apartments approved recently - Great potential for a motivated owner operator. Features Prime location - Long established - Newly renovated - Easy to run. Premises This business has an area of 116 SQMs including an office and a store room. Location Located in the centre of suburb, surrounded by well-established resident and commercial. Trading Hours 7 days - Mon. - Sat. - 600 a.m. - 700 p.m. -Sun. - 600 a.m. - 500 p.m. Lease Current lease expires July 2**** **** CPI increases. - 3 months bond. - New lease available. Employees 1 Manager + 1 casual. Comments Note Managers wage has been removed and added to net profit as if run by an owner operator. Figures Weekly Sales $36815 Rent (ex GST) $1480 Wages $500 Profit $2713 Agent SBX Code Number: FW1**** **** - SBX Business Brokers


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