Newcastle Area
NSW
$235,000
Newsagency - FreeholdPrice: $800,000Net Profit: $3,500 |
Visit this listing at https://www.sbx.com.au/business?id=F3135 |
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Business Code: F3135 Key Features: Newsagency - Great opportunity - Profit $3,500 p.w - Sales $31,640 p.w - Newcastle area State: NSW Location: Situated on main arterial road into township North of Newcastle in one of the largest growth areas of N.S.W. DescriptionFreehold news agency selling newspapers, lotto, magazines, opal cards, stationery plus greeting cards. - The building needs some renovations but the shop is constant with continuous customers. - Lotto sales approx. $14, 500 per pw Eight sub news agencies - eek and profit $71,383 per annum .Freehold $300,000 Business $500,000 .122,000.No Deliveries . Summary
Weekly SummaryWeekly Takings (inc GST)$31,640Cost of Goods$26,335Gross Profit$5,305Wages$944Telephone$116Insurance$208Electricity$176Misc1$361Total Expenses$1,805Estimated Stock (Additional)$122,000Net Profit$3,500Price$800,000 |
Contact SBXNSW (02) 9439 4403 QLD / VIC 1300 366 655 Email sales@sbx.com.au |
Newsagency - Freehold
Business Code: F3135
Price: $800,000
+ Estimated SAV $122,000
Key Features: Newsagency - Great opportunity - Profit $3,500 p.w - Sales $31,640 p.w - Newcastle area
State: NSW
Location: Situated on main arterial road into township North of Newcastle in one of the largest growth areas of N.S.W.
Description
Freehold news agency selling newspapers, lotto, magazines, opal cards, stationery plus greeting cards. - The building needs some renovations but the shop is constant with continuous customers. - Lotto sales approx. $14, 500 per pw Eight sub news agencies - eek and profit $71,383 per annum .Freehold $300,000 Business $500,000 .122,000.No Deliveries .
Summary
- Features: Established over 60 years.
- Potential: Room for expansion of building - could add food, gifts and toys.
- Premises: Shop has an area of 120 sq. mts. - including bathroom, one bedroom, kitchen, office, covered in verandah.
- Trading Hours: 7 days - Mon. - Fri. - 5.00 a.m. - 6.00 p.m. - Sat. - 5.00 a.m. - 12 p.m. - Sun. - 6.30 a.m. - 12 p.m.
- Lease: Freehold only.
- Employees: Two owners + one fulltimer + two casuals.
- Sale Reason: Retiring.
- Comments: Fantastic business for husband and wife team. - Business has been operating over 60 years - 21 years by current owners. - Vendor is asking $500k for the business and $300k for the freehold. - Total $800k plus stock at value. - g.s.t. not included if applicable.
Disclaimer: Please note that the business information provided may be affected by COVID-19. Please speak to your broker for more information.
Weekly Summary
Weekly Takings
(inc GST)
$31,640
Cost of Goods
$26,335
Gross Profit
$5,305
Wages
$944
Telephone
$116
Insurance
$208
Electricity
$176
Misc1
$361
Total Expenses
$1,805
Estimated Stock (Additional)
$122,000
Net Profit
$3,500
Price
$800,000
+ Estimated SAV $122,000
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The information contained on each individual business for sale has been gathered from the vendor or landlord and/or professional service providers and is believed to be accurate and current as at the date of publication. SBX Business Brokers provides no warranties of any nature are given, intended or implied and prospective purchasers must rely on their own enquiries and should verify the accuracy of information before proceeding.
