Newsagency - Lower North Shore - Sales $51,145 p.w.

11 days ago

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Internal Ref: FS1072

Summary

SBX Code: FS1072 - Established over 20 years - Very busy location - Profit $5,908 p.w. - Full financial figures available

Rent

$112,788 pa

Net Profit

$307,216 pa

Location Details

Situated in the heart of a prestigious area of the Lower North Shore with walk through shop connecting to shopping centre.

Potential

Many opportunities with an affluent area -Expand gift lines & stationery - Parcel pick up services.- Set up on-line services and website.

Hours

7 days - Mon. - Fri. - 600 a.m.- 600 p.m. -Sat. - 600 a.m.- 500 p.m. - Sun. - 600 a.m.-

Lease

Current lease commenced August , 2015 and expires 31st July, 2020 .- C.P.I. rent increases.- 3 mo

Employees

2 owners + 8 casuals,

About the Business

Newsagency - Lower North Shore

SBX Code: FS1072
Newsagency selling newspapers, magazines, lotto, greeting cards, stationery, giftware, drinks & cigarettes etc.- Lotto commission approx. $100,000 per year included in takings.- Cards, magazines & stationery account for approx.40% of sales. - 6 sub agents.- Mon.- Fri. deliveries 700 - Sat- 1,300 - Sun.- 700.- CCTV with 16 cameras.

Potential
Many opportunities with an affluent area -Expand gift lines & stationery - Parcel pick up services.- Set up on-line services and website.

Features
High volume of pedestrian traffic flow daily.- Big shop with beautiful fit-out. - Well established.

Premises
This business has an area of 220 sq.mts and is in excellent condition.

Location
Situated in the heart of a prestigious area of the Lower North Shore with walk through shop connecting to shopping centre.

Trading Hours
7 days - Mon. - Fri. - 600 a.m.- 600 p.m. -Sat. - 600 a.m.- 500 p.m. - Sun. - 600 a.m.- 400 p.m.

Lease
Current lease commenced August , 2015 and expires 31st July, 2020 .- C.P.I. rent increases.- 3 months bond.

Employees
2 owners + 8 casuals,

Comments
Fantastic business for husband & wife.- Business has been operating over 20 years -13 years with current owner.-The rent shown has been deducted by $760 as a sub-lease to a salon.-Full set of financial books are ready for genuine buyers.

SBX Code: FS1072

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