Newsagency - Profit $6545 p.w - Retail - South Sydney - Sales $53,380 p.w

5 days ago

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Internal Ref: M1932

Summary

SBX Code: M1932 - Top location. - Brand new fit-out. - High turnover. - Secure income. - No paper delivery.

Rent

$201,604 pa

Net Profit

$254,800 pa

Location Details

Prime location in food court level in South Sydney major shopping centre

Potential

Sales will increase on account of shopping centre growth with new renovations.

Hours

7 days - 730 a.m.- 530 p.m.

Lease

7 year lease from June 2013. - 5% increases. - 2 months bond.

Employees

2 partners ( one work 5 days and one work 2 days ) + 4 casuals

About the Business

Newsagency - Retail - South Sydney

SBX Code: M1932
Newsagency selling newspapers, magazines, lotteries, stationery, confectionery, greeting cards, cigarettes, Opal cards etc. - Lotteries sales $1,505,831 in 2016 with commission $154,279. - Newly renovated shop at a cost of $200k.

Potential
Sales will increase on account of shopping centre growth with new renovations.

Features
Top location. - Brand new fit-out. - High turnover. - Secure income. - No paper delivery.

Premises
Newly fitted out shop with an area of 134 m2.

Location
Prime location in food court level in South Sydney major shopping centre

Trading Hours
7 days - 730 a.m.- 530 p.m.

Lease
7 year lease from June 2013. - 5% increases. - 2 months bond.

Employees
2 partners ( one work 5 days and one work 2 days ) + 4 casuals

Comments
Misc.- 1-general business expenses. - This is a fantastic business for family or husband and wife operators. - A must inspect.

SBX Code: M1932

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