Newsagency

Business Code: Z1155


Key Features: Secure business

State: NSW

Location: Prominent main road location in neighbourhood shopping precinct of affluent Inner West suburb

Description

Newsagency selling bus tickets, lotto, stationery, phone cards, tobacco, newspapers, magazines, drinks and ice-creams.sub agents 2 income from lotto $50k per annum

Summary

  • Features: Good location. - Very well established. -Residence attached.

  • Potential: Could refurbish shop. Open longer hours.

  • Premises: Lockup shop with office and rear access and area of 50 sq. mts.

  • Trading Hours: 7 days - Mon. - Fri. - 5.30 a.m. - 6.30 p.m. - Sat.- 5.30 a.m. - 5.00 p.m. - Sun. - 6.30 a.m. - 12.00 p.m

  • Lease: New 2+2 lease signed March 2018

  • Employees: 2 owners

  • Comments: A solid secure business. A two bedroom flat above the shop is included in the lease and let at $400.00 per week.

Weekly Summary

Weekly Takings
(inc GST)

$25,000

Cost of Goods

$20,530

Gross Profit

$4,470

Rent

$920

Wages

$300

Misc1

$150

Misc2

$100

Total Expenses

$1,470

Estimated Stock (Additional)

$50,000

Net Profit

$3,000

Price

$115,000

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