Newsagency - South Sydney

11 days ago

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Internal Ref: BA1004GN

Summary

SBX Code: BA1004GN - Newsagency - South Sydney

Rent

$64,896 pa

Net Profit

$95,420 pa

Location Details

Situated in suburban shopping centre immediately alongside train station entrance.

Potential

Could increase range of products to include more stationery, mobile phone and other extras

Hours

7 days - Mon. - Fri. - 5.30 a.m. - 6 p.m. - Sat. - 6 a.m. - 4 p.m. - Sun. - 6 a.m.

Lease

5 years + 5 year option commenced April, 2012 - C.P.I. increases - Bond $10000

Employees

Currently a husband and wife + 1 delivery driver

About the Business

Newsagency - South Sydney

SBX Code: BA1004GN
Full newsagency selling newspapers, magazines, lotto, cards, books, stationery, drinks, cigarettes, confectionery. - New lotto equipment and fit out worth $20,000 just installed. - 7 sub newsagents - Paper delivery - Mon. - Fri. - 270 - Sat. - 340. - Sun- 450.

Potential
Could increase range of products to include more stationery, mobile phone and other extras

Features
Steady business in unbeatable location.

Premises
Tidy and secure shop with an area of 80 sq. mts.

Location
Situated in suburban shopping centre immediately alongside train station entrance.

Trading Hours
7 days - Mon. - Fri. - 5.30 a.m. - 6 p.m. - Sat. - 6 a.m. - 4 p.m. - Sun. - 6 a.m. to 12 noon

Lease
5 years + 5 year option commenced April, 2012 - C.P.I. increases - Bond $10000

Employees
Currently a husband and wife + 1 delivery driver

Comments
Local suburban newsagency with massive up-side for fresh new owners who can steer this business with a modern retail approach

SBX Code: BA1004GN

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