Newsagency - South West Sydney

5 days ago

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Internal Ref: FS1015

Summary

SBX Code: FS1015 - Newsagency - Post Office -South West Sydney Nett $8,575 per week couple work 4 days a week.$200,000 renovation.

Rent

$72,800 pa

Net Profit

$445,900 pa

Location Details

Situated in busy shopping centre in South-West Sydney beside major supermarket.

Potential

Could increase high profit margin products. e.g. cards, stationery. - Suit husband and wife team.

Hours

7 days - Mon.-Tues.- Wed.-Fri.- 800 a.m. - 600 p.m. - Thurs.- 7.00 p.m. - Sat. - 800 a.m.- 400 p.m

Lease

Current 5 year lease expires March 2022. - 3% rental increase. - 3 month bond

Employees

2 owners + 3 casuals

About the Business

Newsagency - Post Office - South West Sydney

SBX Code: FS1015
Post Office & fully licensed newsagency selling newspapers, magazines, stationery, cards, confectionery, bus tickets. - One sub-agent. - No paper delivery - Lottery commission income per year $ 125,000 & post office income $165,000 per year

Potential
Could increase high profit margin products. e.g. cards, stationery. - Suit husband and wife team.

Features
Well established business over 25 years - Beautiful fitout. - Strong local support. - Easy operation. - No competition.

Premises
This business has an area of 100 sq.mts.

Location
Situated in busy shopping centre in South-West Sydney beside major supermarket.

Trading Hours
7 days - Mon.-Tues.- Wed.-Fri.- 800 a.m. - 600 p.m. - Thurs.- 7.00 p.m. - Sat. - 800 a.m.- 400 p.m. -Sun. - 800 a.m.- 200 p.m.

Lease
Current 5 year lease expires March 2022. - 3% rental increase. - 3 month bond

Employees
2 owners + 3 casuals

Comments
This is a rare opportunity to purchase two businesses in one. - .The owner is willing to provide training & ongoing support. - The profit is based on two owners working 4 days a week. - Vendor has just spent 200k for renovation - Rent includes outgoing.

SBX Code: FS1015

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