Visit this listing at https://www.sbx.com.au/business?id=TQM1072

Business Code: TQM1072

Key Features: Newsagency - 2 x Locations - North Coast NSW - Sales $54,482 p.w.

State: NSW

Location: Excellent coastal location opposite beach plus local shopping centre in North Coast N.S.W. near Qld. border.

Description

Retail newsagencies ( 2) including and paper run. - Both outlets are very well established and stocked with Lotto and Golden Casket, newspapers, magazines, office supplies, photo copying, toys, gifts etc. - An early morning paper run consists of 175 customers Mon. - Sat. - and 220 customers - Sun. and takes approx. 4 hours - Weekly lotto sale are approx. $44,430 p.w. with commission of $3944 included in takings.

Summary

  • Features: Beautiful coastal lifestyle - Tourist and local client base - Very strong growth area. - Two newsagencies - No competition
  • Potential: Strong growth area with a new hospital being built in the region
  • Premises: Two newsagencies which are well presented and well stocked, one with main street frontage, the other in the shopping centre.
  • Trading Hours: 7 days - Shop (1) 6 a.m. - 5 p.m. - Shop( 2) - 7.30 a.m. - 4 p.m.
  • Lease: Shop 1 - 3 + 3 +3 year lease commenced April, 2018 - rent $700.00 p.w. - 4 weeks bond - Shop 2 - 5 + 5 year lease commenced March,2015 - rent $1200 p.w. - C.P.I. increase 2.2%. - 4 weeks bond
  • Employees: 2 owners + 8 casuals.
  • Comments: Two newsagencies and paper run purchased in March 2015 with owners wanting to now retire thus creating an attractive opportunity to control this busy towns lotto and newsagency trade - the paper run covers the region which includes a new hospital being built. -

Weekly Summary

Weekly Takings (inc GST)

$54,482

Cost of Goods

$44,032

Gross Profit

$10,450

Rent

$1,900

Wages

$1,600

Telephone

$50

Insurance

$250

Electricity

$150

Total Expenses

$3,950

Estimated Stock (Additional)

$80,000

Equipment (Included)

$110,000

Net Profit

$6,500

Price

$375,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Newsagency - Retail

Business Code: TQM1072
Price: $375,000

Key Features: Newsagency - 2 x Locations - North Coast NSW - Sales $54,482 p.w.

State: NSW

Location: Excellent coastal location opposite beach plus local shopping centre in North Coast N.S.W. near Qld. border.

Description

Retail newsagencies ( 2) including and paper run. - Both outlets are very well established and stocked with Lotto and Golden Casket, newspapers, magazines, office supplies, photo copying, toys, gifts etc. - An early morning paper run consists of 175 customers Mon. - Sat. - and 220 customers - Sun. and takes approx. 4 hours - Weekly lotto sale are approx. $44,430 p.w. with commission of $3944 included in takings.

Summary

  • Features: Beautiful coastal lifestyle - Tourist and local client base - Very strong growth area. - Two newsagencies - No competition
  • Potential: Strong growth area with a new hospital being built in the region
  • Premises: Two newsagencies which are well presented and well stocked, one with main street frontage, the other in the shopping centre.
  • Trading Hours: 7 days - Shop (1) 6 a.m. - 5 p.m. - Shop( 2) - 7.30 a.m. - 4 p.m.
  • Lease: Shop 1 - 3 + 3 +3 year lease commenced April, 2018 - rent $700.00 p.w. - 4 weeks bond - Shop 2 - 5 + 5 year lease commenced March,2015 - rent $1200 p.w. - C.P.I. increase 2.2%. - 4 weeks bond
  • Employees: 2 owners + 8 casuals.
  • Comments: Two newsagencies and paper run purchased in March 2015 with owners wanting to now retire thus creating an attractive opportunity to control this busy towns lotto and newsagency trade - the paper run covers the region which includes a new hospital being built. -

Weekly Summary

Weekly Takings
(inc GST)

$54,482

Cost of Goods

$44,032

Gross Profit

$10,450

Rent (ex GST)

$1,900

Wages

$1,600

Telephone

$50

Insurance

$250

Electricity

$150

Total Expenses

$3,950

Estimated Stock (Additional)

$80,000

Equipment (Included)

$110,000

Net Profit

$6,500

Price

$375,000

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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.