Brisbane CBD
QLD
$118,000
Newsagency - Convenience Store - RetailPrice: $380,000Net Profit: $4,000 |
Visit this listing at https://www.sbx.com.au/business?id=TTQE1003 |
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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. DescriptionNewsagency 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
Weekly SummaryWeekly Takings (inc GST)$28,000Cost of Goods$12,500Gross Profit$15,500Rent$1,300Wages$1,000Electricity$250Misc1$8,950Total Expenses$11,500Estimated Stock (Additional)$35,000Net Profit$4,000Price$380,000 |
Contact SBXNSW (02) 9439 4403 QLD / VIC 1300 366 655 Email sales@sbx.com.au |
Newsagency - Convenience Store - Retail
Business Code: TTQE1003
Price: $380,000
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
- Sale Reason: Personal reasons / retiring
- Comments: This is an outstanding business with very regular customers. -
First time offered in over 12 years - very well priced for sale.- All offers will be submitted.
Disclaimer: Please note that the business information provided may be affected by COVID-19. Please speak to your broker for more information.
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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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.
