Newsagency

Business Code: SM1232


Key Features: A must see

State: NSW

Location: Situated in busy South West business street with lots of passing trade.

Description

Newsagency selling newspapers, magazines, cigarettes, stationery, bus tickets, groceries, milk, drinks, cards, stamps, gifts, toys & games, ice cream, confectionery, photo copying & fax etc. - Air conditioned. - 24 hour security base system. - Lottery sales $620,817 for year 2011 and $639,468 for year 2012.

Summary

  • Features: Full financial reports. Busy location. Very solid business. Very low rent. Under full management.

  • Potential: Suitable for husband and wife team.

  • Premises: This business has an area of 100 m2 and is in excellent condition. Plus 40m2 storage.

  • Trading Hours: 7 days - Mon. - Fri. - 6:00 a.m. - 6:00 p.m. - Sat. - 6:00 a.m. - 1:00 p.m. - Sun. - 6:00 a.m. - 12:00 p.m.

  • Lease: 5 + 5 years (commenced March/2012) - 4% increases - 3 months bond.

  • Employees: Manager + casuals

  • Comments: Very very low rent which includes outgoings. Newspapers deliveries: Mon. - Fri. -( 60 )- Sat. ( 80) and Sun. ( 120. ) - Currently paying $1000 for wages which include delivery fees. - Must inspect - Full financial report.

Weekly Summary

Weekly Takings
(inc GST)

$24,000

Rent

$415

Wages

$1,000

Telephone

$30

Insurance

$70

Electricity

$40

Estimated Stock (Additional)

$30,000

Equipment (Included)

$50,000

Net Profit

$3,000

Price

$120,000

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