Newsagency - Eastern Suburbs

11 days ago

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Internal Ref: ML1046

Summary

SBX Business Code: ML1046 - Newsagency - Eastern Suburbs

Rent

$264,992 pa

Net Profit

$170,092 pa

Location Details

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

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 - Eastern Suburbs

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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