Lower North Shore
NSW
$145,000
Newsagency - RetailPrice: $248,000Net Profit: $4,000 |
Visit this listing at https://www.sbx.com.au/business?id=F2613C |
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Business Code: F2613C Key Features: Two shops State: NSW Location: Prime street front location + second smaller shop 150 meters away in equally great location.. DescriptionNews agency that has ten sub-newsagents. - Deliveries - Seven days approximately 150 per day - Lotto sales are approx. $900,000 per year approximately giving annual lotto commission of approximately $90,000 per year.Non lotto sales are approximately $900,000 per year .Profit shown is for two owners or partners running the business.Currently one elderly owner comes in at 2pm six days a week and two is paying $2000.00 per week on wages for delivery of papers and a shop assistant. Twelve subnewsagents.This business has the whole of the Gosford CBD to its self so no competition. Summary
Weekly SummaryWeekly Takings (inc GST)$39,323Cost of Goods$33,653Gross Profit$5,670Rent$708Telephone$38Insurance$89Electricity$108Misc1$50Misc2$677Total Expenses$1,670Estimated Stock (Additional)$40,000Net Profit$4,000Price$248,000 |
Contact SBXNSW (02) 9439 4403 QLD / VIC 1300 366 655 Email sales@sbx.com.au |
Newsagency - Retail
Business Code: F2613C
Key Features: Two shops
State: NSW
Location: Prime street front location + second smaller shop 150 meters away in equally great location..
Description
News agency that has ten sub-newsagents. - Deliveries - Seven days approximately 150 per day - Lotto sales are approx. $900,000 per year approximately giving annual lotto commission of approximately $90,000 per year.Non lotto sales are approximately $900,000 per year .Profit shown is for two owners or partners running the business.Currently one elderly owner comes in at 2pm six days a week and two is paying $2000.00 per week on wages for delivery of papers and a shop assistant. Twelve subnewsagents.This business has the whole of the Gosford CBD to its self so no competition.
Summary
- Features: Same owner over thirty years. Great fit out. Not a cent to spend.Video surveilance in recently relocated main shop. Back to base security. New highrise residential building developments beginning to emerge.
- Potential: Much more scope for substantial increase in stationery and giftware sales.
- Premises: The shop has an area of approx. 200 sq. mts. with large offices at rear and plenty of off street parking.
- Trading Hours: 7 days - 9am to 5.30 pm
- Lease: The lease expires 3.2017 ,but a new lease will be available for a suitable purchaser.Currently no bond, cpi annual rental increases.
- Employees: One owner plus casuals as required.
- Comments: The business enjoys the total suburb area as exclusive territory for both newspaper and magazine sales .Map available.Recently $70000000.00 of building development has been approved by local council moving forward.
