Newsagency

Business Code: SM1299


Key Features: Residence attached

State: NSW

Location: Situated in busy industrial area in City fringe. Prime street front location.

Description

Full newsagency selling newspapers, magazines, stationery, greeting cards, confectionery, cigarettes, beverages, books, toys, gifts and lotto. - Lotto commission is $43,067 p.a

Summary

  • Features: Top location. - Well known by locals.

  • Potential: Promote online ordering on website.

  • Premises: This business has an area of 120 and is in excellent condition.

  • Trading Hours: 7 days - Mon. - Fri. - 4:00 a.m. - 6:30 p.m. - Sat. - 4:00 a.m. - 2:00 p.m. - Sun. - 5:00 a.m - 11:00 a.m.

  • Lease: 5 years lease commenced July, 2012. - C.P.I. increases. - 3 months bond. - New lease available.

  • Employees: 2 owners plus driver.

  • Comments: The rent includes 3 bedroom residence upstairs. - This has been a very stable business for many years. - Vendor will consider any reasonable offer.

Weekly Summary

Weekly Takings
(inc GST)

$23,000

Cost of Goods

$17,625

Gross Profit

$5,375

Rent

$1,770

Wages

$350

Telephone

$45

Insurance

$80

Electricity

$130

Total Expenses

$2,375

Estimated Stock (Additional)

$60,000

Net Profit

$3,000

Price

$280,000

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