Newsagency - Profit $3566 p.w - Retail - South West Sydney - Nsw

16 days ago

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Internal Ref: SM1232

Summary

SBX Code: SM1232 - Newsagency - Full financial reports. Busy location. Very solid business - Very low rent - Same owner 12 years - Profit $3,566 p.w

Rent

$22,984 pa

Net Profit

$185,432 pa

Location Details

Situated in busy South West business street with lots of passing trade.

Potential

Suits owner operators

Hours

7 days - Mon. - Fri. - 600 a.m. - 600 p.m. - Sat. - 600 a.m. - 100 p.m. - Sun. - 600 a.m.

Lease

5 + 5 years lease commenced March,2012 - 4% increases - 3 months bond.

Employees

2 owners

About the Business

Newsagency - Retail - South West Sydney

SBX Code: SM1232
Newsagency selling newspapers, magazines, cigarettes, stationery, bus tickets, groceries, milk, drinks, cards, stamps, gifts, toys & games, ice cream, confectionery, photo copying & fax etc. - Air conditioned. - 24 hour security base system. - 2019 financial year Commission income was $73,944 (Lotto $62,504, deliveries $11,440.

Potential
Suits owner operators

Features
Full financial reports. - Busy location. - Very solid business. - Very low rent.

Premises
This business has an area of 100 m2 and is in excellent condition. Plus 40m2 storage.

Location
Situated in busy South West business street with lots of passing trade.

Trading Hours
7 days - Mon. - Fri. - 600 a.m. - 600 p.m. - Sat. - 600 a.m. - 100 p.m. - Sun. - 600 a.m. - 1200 p.m.

Lease
5 + 5 years lease commenced March,2012 - 4% increases - 3 months bond.

Employees
2 owners

Comments
Very very low rent which includes outgoings. Newspapers deliveries Mon. - Fri. -( 60 )- Sat. ( 80) and Sun. ( 120. ) - Must inspect - Full financial report.

SBX Code: SM1232

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