Newsagency - Sales $18,200 pw - Retail - Newcastle NSW - Same owner 9yrs .

5 days ago

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Internal Ref: CB1090

Summary

SBX Code: CB1090 - Newsagency - Profit $1,920 pw - Retail - Newcastle NSW - Excellent Lotto sales - Well established in area - Great range of products - Close to beach - No deliveries .

Rent

$28,600 pa

Net Profit

$99,840 pa

Location Details

Ideally located in near proximity to schools and only 500m to surf beach

Potential

Could install coffee machine - Suit couple -Expand sales area by removing back wall - landlord approved.

Hours

7 days - Mon. - Fri. - 6.00 a.m.- 5.00 p.m. - Sat. - 6.00 a.m.- 1.00 p.m. - Sun. - 6.00 a.m.

Lease

New lease commenced Sept. 2013 - Expires Sept. 2016 + 3 + 3 - C.P.I. increases - Bon

Employees

1 fulltimer + 1 casual

About the Business

Newsagency - Retail - Newcastle Area

SBX Code: CB1090
Newsagency selling a wide range of products including papers, magazines, cards, office supplies, gifts, DVDs and toys. - Huge demand for cold drinks, ice creams and confectionery, and stocking cigarettes, milk, bread and everyday items. - Great returns from Lotto, and steady returns from ATM and phone cards - No deliveries.Stock $60000 extra to selling price .

Potential
Could install coffee machine - Suit couple -Expand sales area by removing back wall - landlord approved.

Features
Excellent Lotto sales - Well established in area - Great range of products - Close to beach - Caters to a large local school population.

Premises
Attractive older style air conditioned building recently refurbished with an area of 75 sq. mts.

Location
Ideally located in near proximity to schools and only 500m to surf beach

Trading Hours
7 days - Mon. - Fri. - 6.00 a.m.- 5.00 p.m. - Sat. - 6.00 a.m.- 1.00 p.m. - Sun. - 6.00 a.m. - 11.00 a.m.

Lease
New lease commenced Sept. 2013 - Expires Sept. 2016 + 3 + 3 - C.P.I. increases - Bond 1 month

Employees
1 fulltimer + 1 casual

Comments
Lotto sales exceed 10,000 p.w. - Supplies 5 sub -agents - Tower computer system installed recently -

SBX Code: CB1090

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