Newsagency

Business Code: ML1046


Key Features: Secure business

State: NSW

Location: Prime position in Eastern Suburbs shopping centre next to major supermarket.

Description

Full newsagency selling newspapers, magazines, books, cards, stationery, tobacco, drinks, phone cards, bus tickets, and lotto.

Summary

  • Features: Top location. Very stable. Secure business. No paper deliveries.

  • Potential: Suit family business. More products could increase profit.

  • Premises: This business has an area of 110 sq. mts.

  • Trading Hours: 7 days - Mon. - Sun. - 8:30 a.m - 7:00 p.m.

  • Lease: New 5 year lease from Oct. 2014 - 5% increases annually.

  • Employees: 2 owners + 3 staff ( one owner fulltime and one owner 20 hours a week)

  • Comments: Great chance to acquire a very secure and profitable business. The shop has been refurbished in March, 2011.

Weekly Summary

Weekly Takings
(inc GST)

$53,517

Cost of Goods

$43,955

Gross Profit

$9,562

Rent

$5,096

Wages

$952

Telephone

$45

Insurance

$67

Electricity

$67

Misc1

$64

Total Expenses

$6,291

Estimated Stock (Additional)

$100,000

Net Profit

$3,271

Price

$150,000

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