Visit this listing at https://www.sbx.com.au/business?id=TQM1071

Business Code: TQM1071

Key Features: Newsagency - Northern Rivers NSW Area - Sales $33,000 p.w.

State: NSW

Location: Situated in one of the most visited tourist towns in North Coast N.S.W.

Description

Newsagency selling papers, magazines, office supplies, art supplies plus a delightful mini mart fully stocked with a huge variety of convenience lines, fruit and vegetables, soft drinks, toys and much more. - This thriving business is the towns major mini mart with minimum opposition.

Summary

  • Features: Beautiful country lifestyle - Regular client base - No competition. - Well presented premises.
  • Potential: Should introduce lotto and powerball sales as currently not sold.
  • Premises: Large store situated in centre of main street with an area of 300 sq. mts. - Newsagency in front with mini mart at rear.
  • Trading Hours: 7 days - Mon. - Fri. - 7 a.m.- 5.30 p.m. - Sat. - Sun. - 8 a.m. - 5 p.m.
  • Lease: New lease can be negotiated - 5 + 5 if required - 2.2% C.P.I. increases - Bond 4 weeks rent
  • Employees: 2 owners + 12 casuals
  • Comments:

Weekly Summary

Weekly Takings (inc GST)

$33,000

Cost of Goods

$24,430

Gross Profit

$8,570

Rent

$950

Wages

$2,250

Telephone

$100

Insurance

$220

Electricity

$400

Misc1

$250

Misc2

$300

Total Expenses

$4,470

Estimated Stock (Additional)

$100,000

Equipment (Included)

$50,000

Net Profit

$4,100

Price

$480,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Newsagency - Retail - Convenience - Gifts

Business Code: TQM1071
Price: $480,000
+ Estimated SAV $100,000

Key Features: Newsagency - Northern Rivers NSW Area - Sales $33,000 p.w.

State: NSW

Location: Situated in one of the most visited tourist towns in North Coast N.S.W.

Description

Newsagency selling papers, magazines, office supplies, art supplies plus a delightful mini mart fully stocked with a huge variety of convenience lines, fruit and vegetables, soft drinks, toys and much more. - This thriving business is the towns major mini mart with minimum opposition.

Summary

  • Features: Beautiful country lifestyle - Regular client base - No competition. - Well presented premises.
  • Potential: Should introduce lotto and powerball sales as currently not sold.
  • Premises: Large store situated in centre of main street with an area of 300 sq. mts. - Newsagency in front with mini mart at rear.
  • Trading Hours: 7 days - Mon. - Fri. - 7 a.m.- 5.30 p.m. - Sat. - Sun. - 8 a.m. - 5 p.m.
  • Lease: New lease can be negotiated - 5 + 5 if required - 2.2% C.P.I. increases - Bond 4 weeks rent
  • Employees: 2 owners + 12 casuals
  • Sale Reason: Semi retirement
  • Comments: Perfectly situated in a strong growth area and in a major NSW tourist site, this busy towns one stop shop represents a golden opportunity - Owners are in need of a break after 19 years of trade but are prepared to assist for a smooth transition. - Long lease available. - Inspect now - Genuine inquiries only.

Disclaimer: Please note that the business information provided may be affected by COVID-19. Please speak to your broker for more information.

Weekly Summary

Figures include GST unless stated otherwise

Weekly Takings

$33,000

Cost of Goods

$24,430

Gross Profit

$8,570

Rent (ex GST)

$950

Wages

$2,250

Telephone

$100

Insurance

$220

Electricity

$400

Misc1

$250

Misc2

$300

Total Expenses

$4,470

Estimated Stock (Additional)

$100,000

Equipment (Included)

$50,000

Net Profit

$4,100

Price

$480,000
+ Estimated SAV $100,000

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The information contained on each individual business for sale has been gathered from the vendor or landlord and/or professional service providers and is believed to be accurate and current as at the date of publication. SBX Business Brokers provides no warranties of any nature are given, intended or implied and prospective purchasers must rely on their own enquiries and should verify the accuracy of information before proceeding.