Visit this listing at https://www.sbx.com.au/business?id=TTQH1055D

Business Code: TTQH1055D

Key Features: Newsagency - Brisbane City Fringe - Sale $13,674 p.w.

State: QLD

Location: Situated in a local busy shopping centre surrounded by high density residential surburbs.

Description

Newsagency selling gift cards, newspapers, magazines, phone cards, postage, stationery, Go Cards, Ladbrokes, Golden Casket, tobacco, confectionery and drinks.- Also operates as delivery service point for Toll, TNT and Fastway. - Delivers newspapers to supermarket daily in the same shopping centre.

Summary

  • Features: No competition - Established over 30 years -Well known business - Great location
  • Potential: Could add dry cleaning, ATM, toys and other gift items - Lots of new apartments in surrounding areas.
  • Premises: This business has an area of approx. 106 m2
  • Trading Hours: 7 days - Mon. - Wed. - 8 a.m. - 6 p.m. - Thurs. - 8 a.m. - 7:30 p.m. - Fri. - 8 a.m. - 6 p.m. - Sat. - 8 a.m. - 5 p.m.- Sun. - 9 a.m. - 3 p.m.
  • Lease: Current lease expired Jan. 2019 - New 18 months lease has been granted - 3 months bank guarantee - 5% increases p.a.
  • Employees: 1 owner (40 hours per week) + 4 parttimers
  • Comments:

Weekly Summary

Weekly Takings (inc GST)

$13,674

Cost of Goods

$8,446

Gross Profit

$5,228

Rent

$1,904

Wages

$689

Telephone

$24

Insurance

$39

Electricity

$58

Misc1

$260

Misc2

$237

Total Expenses

$3,211

Estimated Stock (Additional)

$40,000

Equipment (Included)

$50,000

Net Profit

$2,017

Price

$100,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Newsagency

Business Code: TTQH1055D
Price: $100,000

Key Features: Newsagency - Brisbane City Fringe - Sale $13,674 p.w.

State: QLD

Location: Situated in a local busy shopping centre surrounded by high density residential surburbs.

Description

Newsagency selling gift cards, newspapers, magazines, phone cards, postage, stationery, Go Cards, Ladbrokes, Golden Casket, tobacco, confectionery and drinks.- Also operates as delivery service point for Toll, TNT and Fastway. - Delivers newspapers to supermarket daily in the same shopping centre.

Summary

  • Features: No competition - Established over 30 years -Well known business - Great location
  • Potential: Could add dry cleaning, ATM, toys and other gift items - Lots of new apartments in surrounding areas.
  • Premises: This business has an area of approx. 106 m2
  • Trading Hours: 7 days - Mon. - Wed. - 8 a.m. - 6 p.m. - Thurs. - 8 a.m. - 7:30 p.m. - Fri. - 8 a.m. - 6 p.m. - Sat. - 8 a.m. - 5 p.m.- Sun. - 9 a.m. - 3 p.m.
  • Lease: Current lease expired Jan. 2019 - New 18 months lease has been granted - 3 months bank guarantee - 5% increases p.a.
  • Employees: 1 owner (40 hours per week) + 4 parttimers
  • Sale Reason: Other business interests
  • Comments: This newsagency belongs to a buying group with $200 membership fee per month - no purchase obligations- new owner can purchase from any supplier. -
    Rent includes outgoings, - Misc. -1- includes fees & charges from Golden Casket. - Misc.- 2- includes all other business expenses such as accounting fees, bank charges, etc.

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)

$13,674

Cost of Goods

$8,446

Gross Profit

$5,228

Rent (ex GST)

$1,904

Wages

$689

Telephone

$24

Insurance

$39

Electricity

$58

Misc1

$260

Misc2

$237

Total Expenses

$3,211

Estimated Stock (Additional)

$40,000

Equipment (Included)

$50,000

Net Profit

$2,017

Price

$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.