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Retail - Newsagency - Northern Beaches - (Code: GN1306)

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Price: $380,000






Weekly Takings (inc GST) $30,400
Cost of Goods $23,087
Gross Profit $7,313
Rent $1,305
Wages $726
Outgoings $301
Telephone $58
Insurance $67
Electricity $50
Gas $
Misc 1 $1,326
Misc 2 $
Total Expenses $3,833
Net Profit $3,480
Coffee Kilos P/W 0.0

Estimated Stock

$80,000
(Additional)

Equipment

$
(Included)
All other values
exclude GST
General Description
Newsagency selling lotto, magazines, newspapers, greeting cards, cigarettes, confectionery, gifts, Opal cards etc. - Has several sub agents and a successful paper delivery operation - Lotto sales area approx. $920,000 per year commission for which has been included in takings shown. - Back to base alarm system.

Potential
The newsagency is situated in an affluent part of Sydney growing with numerous new units and housing developments associated with the new Northern Beaches Hospital. generating population growth within the local area, creating new potential for this already successful newsagency.

Features
Long established business for over 35 years - Loyal customers - Low rent.

Premises
Well presented shop of approx. 150 m2 including office with plenty of storage and secure wrap room.

Location
Situated within a fully tenanted village style shopping centre including a major supermarket, council library, cafes, fast food, homewares, tab, etc.

Trading Hours
7 days - Mon. - Fri. - 7.30 a.m. - 5.30 p.m. - Sat. - 7.30 a.m. - 2.30 p.m. - Sun. - 7.30 a.m. - 11.30 a.m.

Lease
5 year lease commenced 5 July, 2016 + 5 year option.

Employees
One owner working full time + one partner only working 12 hours per week + 2 senior staff + 2 junior staff.

Comments
This is a fantastic business opportunity for a single operator, couple, family or business investor wanting to let a manager operate and run the store. - Lease includes off street parking for 2 cars.-

Similar Businesses
Newsagency - Retail - Lower North Shore
$388,000
Newsagency - City Fringe
$399,000
Retail - Newsagency - North West Sydney
$388,000
Newsagency - Retail - North Coast N.S.W.
$375,000




SBX Business Brokers takes no responsibility for the accuracy of this information. Buyers should seek advice from their own Advisors.

SBXGN1306

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