SBX Business Brokers Phone : 02 9439 ****

Newsagency - Retail - Newsagency with no competition

Listing Id : 269654

Location : Queensland

Category : Newsagency and Lotto

Asking Price : 495,000

Business description

Newsagency - Retail - Gold Coast - Agent SBX Code Number: MF1**** **** Newsagency selling newspapers, magazines, cards, stationery, drinks, confectionery, cigarettes and giftware. - Lotto commission approx. $200k per year included in takings and growing - Sales are increasing every year. Potential Could add new products. - Great business for husband and wife team. Features Good rent - Regular client base - No competition. - Well presented premises. Premises This business has an area of 95 sq. mts. and is in excellent condition. Location Excellent location in a village shopping centre close to Gold Coast Trading Hours 7 days - Mon. - Fri. - 700 a.m.- 600 p.m. - Sat.- 730 a.m.- 530 p.m. - Sun. - 730 a.m. - 230 p.m. Lease Current lease expires Nov. 2019 + 5 + 5 year options - C.P.I. increases every year - 3 month bond. Employees 2 owners Comments Misc.-1- includes accountancy fees, computer & software support, air condition maintenance fee and equipment hire. (Lottery printer & computer) - From 1st July, 2019 the lotto commission will increase 1% - A must to inspect but please be discreet. Figures Weekly Sales $49**** **** Rent (ex GST) $1109 Wages $0 Profit $58**** **** Agent SBX Code Number: MF1**** **** - SBX Business Brokers


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