Internal Ref: M2128
Summary
SBX Code: M2128 - Long established newsagency in good area. - Well priced for quick capital return and to make more profit before development.
Rent
$2,423 pw
Net Profit
$3,150 pw
Location Details
Prime location in Shopping Plaza in Eastern Suburbs.
Potential
Ideal for family business. Could add cigarette sales. Could add more gifts and toys to increase sales.
Hours
7 days, Monday to Friday 730 am to 6 pm. Saturday & Sunday 830 am to 5 pm.
Lease
Current monthly rent payable. New lease will be negotiable between the buyer and landlord.
Employees
One owner + one casual
About the Business
Newsagancy - Lotto - Retail - Eastern Suburbs
SBX Code: M2128
Newsagency selling lotto, newspapers, magazines, stationery, confectionery, cards, gifts and Asian groceries etc. Weekly sales include parcel income around $700 p.w. and lotto sales - current year $1,134,340 with commission $117,270. Stock is extra at estimated $40,000 SAV.
Features
Good location. Long established. High quality fitout. Well priced for quick capital return.
Premises
Well presented shop with an area of approx. 200 m2.
Comments
The rent includes all outgoings Long established and vendor has owned the business for 13 years. All figures can be reviewed at meeting. Bargain offer for quick sale.
SBX Code: M2128
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