Newsagency - Retail

Business Code: M1496


Key Features: A must to inspect

State: NSW

Location: Busy location in railway station in Inner West.

Description

Railway newsagency without lotto selling newspapers, magazines, confectionery, cards, gifts, Opal Cards and tobacco etc. - No paper delivery.

Summary

  • Features: Excellent position. - Very easy to run. - Very busy passing trade.

  • Potential: Could add lotto. Could add more products to increase sales. - Could extend trading hours

  • Premises: This business has an area of 30 sq. metres and is in good condition.

  • Trading Hours: 7 days - Mon. - Fri. - 6:00 a.m.- 6:00 p.m. -Sat. - 7:00 a.m. - 4:00 p.m. - Sun. - 8:00 a.m.- 12 noon.

  • Lease: 5 year lease from September 2016. - CPI increases. - 3 month bond.

  • Employees: One owner

  • Comments: This is an easy business to run.

Weekly Summary

Weekly Takings
(inc GST)

$30,000

Cost of Goods

$27,000

Gross Profit

$3,000

Rent

$1,321

Telephone

$14

Insurance

$25

Electricity

$40

Total Expenses

$1,400

Estimated Stock (Additional)

$20,000

Net Profit

$1,600

Price

$180,000

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