Newsagency

Business Code: M1458


Key Features: Stable business

State: NSW

Location: Situated on main street surrounded by 3 schools and main bus station and offices.

Description

Newsagency selling magazines, newspapers, confectionery, stationery, cards, icecream, cigarettes, and lotto. - Also selling gifts and homewares with high profit. - Small paper delivery service of approx. 40 a day. - 3 sub-newsagents.

Summary

  • Features: Good and wealthy area. Well established over 50 years. Very safe and secure business. Well presented.

  • Potential: Ideal family business. Could extend weekend trading hours.

  • Premises: Nice clean shop with an area of approx. 100 sq.mts. including office and storage area.

  • Trading Hours: Mon. - Fri. - 7:30 a.m - 5:30 p.m. - Sat.- 8:30 a.m.- 3:00 p.m. - Sun.- 8:30 a. m - 2:30 p.m.

  • Lease: New 5 + 5 year lease.

  • Employees: 2 owners.

  • Comments: This is a very stable business. Busy times are mornings and after school hours. A must see and visit.

Weekly Summary

Weekly Takings
(inc GST)

$19,000

Cost of Goods

$14,730

Gross Profit

$4,270

Rent

$1,070

Telephone

$13

Insurance

$46

Gas

$71

Total Expenses

$1,200

Estimated Stock (Additional)

$35,000

Net Profit

$3,070

Price

$210,000

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