Visit this listing at https://www.sbx.com.au/business?id=TTQE1003

Business Code: TTQE1003

Key Features: Newsagency - Gold Coast Area - Sales $28,000 p.w.

State: QLD

Location: Situated on the main road along busy strip shopping area in the Gold Coast.

Description

Newsagency selling newspapers, magazines, cards, stationery, art supplies, paperback novels, lotto sales, office supplies, educational products etc. - 6 door glass walk in refrigerator / cool room located at the back holds large amount of cold drinks, and range of convenience products. - Great presentation and high quality standard fit out. - Lotto sales turnover is $456,000 p.a. - commission is $45,000 p.a. included in takings shown.

Summary

  • Features: Great sales and very strong profits - Very well established business. - Long lease and low rent.
  • Potential: Could sub divide up into convenience store etc. - Add coffee machine / juice machine & potential to add more local produce.
  • Premises: Superbly presented quality newsagency with an area of 160m2 (including office)
  • Trading Hours: 7 days - Mon. - Fri. - 5:30 a.m. to 5:30 p.m. - Sat. - 5:30 a.m. to 3 p.m. - Sun. - 5:30 a.m. to 11 p.m.
  • Lease: Current lease expires Dec. 2023 - C.P.I. increases - 3 month bond.
  • Employees: 2 owners full time + 5 casuals
  • Comments: This is an outstanding business with very regular customers. -

Weekly Summary

Weekly Takings (inc GST)

$28,000

Cost of Goods

$12,500

Gross Profit

$15,500

Rent

$1,300

Wages

$1,000

Electricity

$250

Misc1

$8,950

Total Expenses

$11,500

Estimated Stock (Additional)

$35,000

Net Profit

$4,000

Price

$380,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Newsagency - Convenience Store - Retail

Business Code: TTQE1003

Key Features: Newsagency - Gold Coast Area - Sales $28,000 p.w.

State: QLD

Location: Situated on the main road along busy strip shopping area in the Gold Coast.

Description

Newsagency selling newspapers, magazines, cards, stationery, art supplies, paperback novels, lotto sales, office supplies, educational products etc. - 6 door glass walk in refrigerator / cool room located at the back holds large amount of cold drinks, and range of convenience products. - Great presentation and high quality standard fit out. - Lotto sales turnover is $456,000 p.a. - commission is $45,000 p.a. included in takings shown.

Summary

  • Features: Great sales and very strong profits - Very well established business. - Long lease and low rent.
  • Potential: Could sub divide up into convenience store etc. - Add coffee machine / juice machine & potential to add more local produce.
  • Premises: Superbly presented quality newsagency with an area of 160m2 (including office)
  • Trading Hours: 7 days - Mon. - Fri. - 5:30 a.m. to 5:30 p.m. - Sat. - 5:30 a.m. to 3 p.m. - Sun. - 5:30 a.m. to 11 p.m.
  • Lease: Current lease expires Dec. 2023 - C.P.I. increases - 3 month bond.
  • Employees: 2 owners full time + 5 casuals
  • Comments: This is an outstanding business with very regular customers. -

Weekly Summary

Weekly Takings
(inc GST)

$28,000

Cost of Goods

$12,500

Gross Profit

$15,500

Rent (ex GST)

$1,300

Wages

$1,000

Electricity

$250

Misc1

$8,950

Total Expenses

$11,500

Estimated Stock (Additional)

$35,000

Net Profit

$4,000

Price

$380,000

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