Visit this listing at https://www.sbx.com.au/business?id=FS1072

Business Code: FS1072

Key Features: Newsagency - Lower North Shore - Sales $51,145 p.w.

State: NSW

Location: Situated in the heart of a prestigious area of the Lower North Shore with walk through shop connecting to shopping centre.

Description

Newsagency selling newspapers, magazines, lotto, greeting cards, stationery, giftware, drinks & cigarettes etc.- Lotto commission approx. $100,000 per year included in takings.- Cards, magazines & stationery account for approx.40% of sales. - 6 sub agents.- Mon.- Fri. deliveries 700 - Sat- 1,300 - Sun.- 700.- CCTV with 16 cameras.

Summary

  • Features: High volume of pedestrian traffic flow daily.- Big shop with beautiful fit-out. - Well established.
  • Potential: Many opportunities with an affluent area -Expand gift lines & stationery - Parcel pick up services.- Set up on-line services and website.
  • Premises: This business has an area of 220 sq.mts and is in excellent condition.
  • 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.- 4:00 p.m.
  • Lease: Current lease commenced August , 2015 and expires 31st July, 2020 .- C.P.I. rent increases.- 3 months bond.
  • Employees: 2 owners + 8 casuals,
  • Comments: Fantastic business for husband & wife.- Business has been operating over 20 years -13 years with current owner.- The rent shown has been deducted by $760 as a sub-lease to a salon.-Full set of financial books are ready for genuine buyers. - There will be no more paper deliveries from Feb. 2020.

Weekly Summary

Weekly Takings (inc GST)

$51,145

Cost of Goods

$38,240

Gross Profit

$12,905

Rent

$2,169

Wages

$2,526

Telephone

$96

Insurance

$159

Electricity

$209

Misc1

$1,838

Total Expenses

$6,997

Estimated Stock (Additional)

$130,000

Net Profit

$5,908

Price

$300,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Newsagency

Business Code: FS1072
Price: $300,000

Key Features: Newsagency - Lower North Shore - Sales $51,145 p.w.

State: NSW

Location: Situated in the heart of a prestigious area of the Lower North Shore with walk through shop connecting to shopping centre.

Description

Newsagency selling newspapers, magazines, lotto, greeting cards, stationery, giftware, drinks & cigarettes etc.- Lotto commission approx. $100,000 per year included in takings.- Cards, magazines & stationery account for approx.40% of sales. - 6 sub agents.- Mon.- Fri. deliveries 700 - Sat- 1,300 - Sun.- 700.- CCTV with 16 cameras.

Summary

  • Features: High volume of pedestrian traffic flow daily.- Big shop with beautiful fit-out. - Well established.
  • Potential: Many opportunities with an affluent area -Expand gift lines & stationery - Parcel pick up services.- Set up on-line services and website.
  • Premises: This business has an area of 220 sq.mts and is in excellent condition.
  • 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.- 4:00 p.m.
  • Lease: Current lease commenced August , 2015 and expires 31st July, 2020 .- C.P.I. rent increases.- 3 months bond.
  • Employees: 2 owners + 8 casuals,
  • Comments: Fantastic business for husband & wife.- Business has been operating over 20 years -13 years with current owner.- The rent shown has been deducted by $760 as a sub-lease to a salon.-Full set of financial books are ready for genuine buyers. - There will be no more paper deliveries from Feb. 2020.

Weekly Summary

Weekly Takings
(inc GST)

$51,145

Cost of Goods

$38,240

Gross Profit

$12,905

Rent (ex GST)

$2,169

Wages

$2,526

Telephone

$96

Insurance

$159

Electricity

$209

Misc1

$1,838

Total Expenses

$6,997

Estimated Stock (Additional)

$130,000

Net Profit

$5,908

Price

$300,000

 Print

Enquire about this listing



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.