Newsagency - Shopping centre - Eastern Suburbs

20 days ago

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Internal Ref: ML1046


SBX Code: ML1046 - Newsagency - Shopping centre - Eastern Suburbs - Takings $53,000 p.w.


$218,140 pa

Net Profit

$199,940 pa

Location Details

Prime position in Eastern Suburbs shopping centre next to major supermarket.


Suit family business. More products could increase profit.


7 days - Mon. - Sun. - 830 a.m - 700 p.m.


New 5 year lease from Oct. 2019 - 5% increases annually.- 3 month bond (Rent has been reduced to $41


2 owners + 4 - 5 casuals ( one owner fulltime and one owner 20 hours a week)

About the Business

Newsagency - Eastern Suburbs

SBX Code: ML1046
Full newsagency selling newspapers, magazines, books, cards, stationery, tobacco, drinks, phone cards, bus tickets, and lotto.-Current years lotto sales $1,818,837 with commission of $181,883 a year.

Top location. - Very stable. - Secure business. - No paper deliveries.- Well priced.

This business has an area of 110 sq. mts.

Miscell. 1 - Bank and accountants fees etc. - The Lotto commission almost covers the rent - Great chance to acquire a very secure and profitable business.

SBX Code: ML1046

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