Newsagency - Sales $31,640 p.w - Freehold - Newcastle area

8 days ago

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Internal Ref: F3135

Summary

SBX Code: F3135 - Newsagency - Freehold - Financials available - Newcastle area - Profit $3,500 p.w

Rent

$0 pa

Net Profit

$182,000 pa

Location Details

Situated on main arterial road into township North of Newcastle in one of the largest growth areas of N.S.W.

Potential

Room for expansion of building - could add food, gifts and toys.

Hours

7 days - Mon. - Fri. - 5.00 a.m. - 6.00 p.m. - Sat. - 5.00 a.m. - 12 p.m. - Sun. - 6.30 a.m

Lease

Freehold only.

Employees

Two owners + one fulltimer + two casuals.

About the Business

Newsagency - Freehold - Newcastle area

SBX Code: F3135
Freehold news agency selling newspapers, lotto, magazines, opal cards, stationery plus greeting cards. - The building needs some renovations but the shop is constant with continuous customers. - Eight sub news agencies - Mon - Fri deliveries approx. 250 - Sat. - 400 - Sun - 200 - Lotto sales approx. $14, 500 per week and profit $71,383 per anum .Freehold $300,000 Business $500,000 .122,000

Potential
Room for expansion of building - could add food, gifts and toys.

Features
Established over 60 years.

Premises
Shop has an area of 120 sq. mts. - including bathroom, one bedroom, kitchen, office, covered in verandah.

Location
Situated on main arterial road into township North of Newcastle in one of the largest growth areas of N.S.W.

Trading Hours
7 days - Mon. - Fri. - 5.00 a.m. - 6.00 p.m. - Sat. - 5.00 a.m. - 12 p.m. - Sun. - 6.30 a.m. - 12 p.m.

Lease
Freehold only.

Employees
Two owners + one fulltimer + two casuals.

Comments
Fantastic business for husband and wife team. - Business has been operating over 60 years - 21 years by current owners. - Vendor is asking $500k for the business and $300k for the freehold. - Total $800k plus stock at value. - g.s.t. not included if applicable.

SBX Code: F3135

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