Newsagency - Sales $24,000 p.w - Retail - South West Sydney - Nsw

20 days ago

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Internal Ref: SM1232

Summary

SBX Code: SM1232 - Full financial reports. Busy location. Very solid business - Very low rent - Under full management - Same owner 12 years - Profit $3,000 p.w

Rent

$21,580 pa

Net Profit

$156,000 pa

Location Details

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

Potential

Suitable for husband and wife team.

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 (commenced March/2012) - 4% increases - 3 months bond.

Employees

Manager + casuals

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. - Lottery sales $620,817 for year 2011 and $639,468 for year 2012.

Potential
Suitable for husband and wife team.

Features
Full financial reports. Busy location. Very solid business. Very low rent. Under full management.

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 (commenced March/2012) - 4% increases - 3 months bond.

Employees
Manager + casuals

Comments
Very very low rent which includes outgoings. Newspapers deliveries Mon. - Fri. -( 60 )- Sat. ( 80) and Sun. ( 120. ) - Currently paying $1000 for wages which include delivery fees. - Must inspect - Full financial report.

SBX Code: SM1232

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