Newsagency - Eastern Suburbs

10 days ago

Location:
Sydney 2000 > Sydney > New South Wales

Investment level:
$150,000 (Negotiable)

Type:
Business

Industry:
Retail > Newsagency, Lottery & Post Office

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Summary

Newsagency - Retail - Eastern Suburbs

Rent

$43,992 pa

Net Profit

$156,000 pa

Potential

Large major supermarket is being built directly opposite which will increase customer traffic in the area. - Trading hours could be extended.

Hours

7 days - Mon. - Fri. - 600 a.m. - 600 p.m. - Sat. - 600 a.m. - 300 p.m. & Sun. 600am - 100pm

Lease

3 year + 3 year lease expires Feb, 2018 - new lease could be made available.

Employees

2 owners (husband & wife) + 1 casual

About the Business

Newsagency - Retail - Eastern Suburbs

SBX Business Code: G1532
Newsagency selling Lotto, newspapers, magazines, stationery, tobacco, opal cards, phone & sim cards, phone accessories, soft drinks & confectionery etc. - fax & photocopy service & parcel agent. - Lotto commission is approx. $37,500 pa.

Potential
Large major supermarket is being built directly opposite which will increase customer traffic in the area. - Trading hours could be extended.

Features
Well established business. - Great location. - Large sales of cards & stationery. - Low rent. - Regular customer base. - Same owner 11 years. Very consistent turnover

Premises
This business has an area of approx 60 sq.mts

Location
Situated in an upmarket & busy Eastern Suburbs shopping strip, surrounded by shops, cafes & residential.

Trading Hours
7 days - Mon. - Fri. - 600 a.m. - 600 p.m. - Sat. - 600 a.m. - 300 p.m. & Sun. 600am - 100pm

Lease
3 year + 3 year lease expires Feb, 2018 - new lease could be made available.

Employees
2 owners (husband & wife) + 1 casual

Comments
Prices to sell. Miscell. 1 = Sub-agents - Commission. - Miscell. 2 = Assorted other expenses

SBX Business Code: G1532

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