Record Detail - M1317


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Business Type

Business Code



Newsagency - East - (Code: M1317)



Secure business 

General Description
Full newsagency selling newspapers, magazines, greeting cards, stationery, lotteries, phone cards and stamps etc. No paper deliveries. Lottery commission $180,000 in 2009.

Potential
Sales increasing with customer count of shopping centre growing. Best sales on magazines, cards and stationery.

Features
Top location. Very safe and secure business. Loyal customer base. Shop has been refurbished one year ago and new computer system installed.

Premises
This business has an area of 114 sq. mts.

Location
Prime location in shopping centre.

Trading Hours
7 days - Mon. - Fri. - 7 a.m.- 6.30 p.m. - Sat. - 7a.m.- 5.30p.m. - Sun. 7.30a.m.- 4.30p.m.

Lease
5 years expiring 31st March, 2012.

Employees
2 owners plus casuals

Comments
Previous due diligence report and business profile by Newstrade.



Weekly Takings   $75,628
Cost of Goods $
Gross Profit $13,790
Rent $6,567
Wages $686
Outgoings $741
Telephone $27
Insurance $50
Electricity $76
Gas $
Misc 1 $
Misc 2 $
Total Expenses $8,147
Nett Profit $5,643

Price

$1,050,000

Estimated Stock

90,000
(Additional)

Equipment

175,000
(Included)
For more details please call (02) 9439 4403
or click here to register with us.

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