Newsagency - Retail

Business Code: FS1058


Key Features: Very well established

State: NSW

Location: Situated in a very busy local community with supermarkets, cafes, banks, & restaurants.

Description

Newsagency selling magazines, newspapers, stationery, cards, cigarettes, confectionery, gifts & tickets etc .- 5 sub-agents - Delivery 7 days approx. 150 per days.- Lotto sales are approx. $1,052,000 per year with commission of approx. $ 98,000

Summary

  • Features: Well established- Long lease. - No competition. - Recent fitout. - Fully licensed newsagency.

  • Potential: Much more scope for substantial increase in lotto sales.

  • Premises: This business has an area of 95 sq. mts.

  • Trading Hours: 7 days - Mon. - Fri. - 6:00 a.m.- 6:00 p.m. - Sat. - 6:00 a.m.- 5:00 p.m. - Sun. - 6:00 a.m.- 1:00 p.m.

  • Lease: New 5 + 5 year lease available - 2.5% rent increase per year- - 3 months bond guarantee.

  • Employees: One owner + 5 casuals.

  • Comments: Fantastic business opportunity for husband & wife. - Support and training provided.

Weekly Summary

Weekly Takings
(inc GST)

$35,000

Cost of Goods

$27,870

Gross Profit

$7,130

Rent

$1,310

Wages

$1,000

Outgoings

$345

Telephone

$35

Insurance

$50

Electricity

$70

Misc1

$500

Total Expenses

$3,310

Estimated Stock (Additional)

$100,000

Net Profit

$3,820

Price

$280,000

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