Newsagency - East

28 days ago

Location:
Sydney 2000 > Sydney > New South Wales

Investment level:
$480,000 (Negotiable)

Type:
Business

Industry:
Retail > Newsagency, Lottery & Post Office

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Summary

Newsagency - East

Rent

$264,992 pa

Net Profit

$170,092 pa

Potential

Suit family business. More products could increase profit.

Hours

7 days - Mon. - Sun. - 830 a.m - 700 p.m.

Lease

New 5 year lease from Oct. 2014 - 5% increases annually.

Employees

2 owners + 3 staff ( one owner fulltime and one owner 20 hours a week)

About the Business

Newsagency - East

SBX Business Code: ML1046
Full newsagency selling newspapers, magazines, books, cards, stationery, tobacco, drinks, phone cards, bus tickets, and lotto.

Potential
Suit family business. More products could increase profit.

Features
Top location. Very stable. Secure business. No paper deliveries.

Premises
This business has an area of 110 sq. mts.

Location
Prime position in Eastern Suburbs shopping centre next to major supermarket.

Trading Hours
7 days - Mon. - Sun. - 830 a.m - 700 p.m.

Lease
New 5 year lease from Oct. 2014 - 5% increases annually.

Employees
2 owners + 3 staff ( one owner fulltime and one owner 20 hours a week)

Comments
Great chance to acquire a very secure and profitable business. The shop has been refurbished in March, 2011.

SBX Business Code: ML1046

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