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Newsagency - Newcastle Area - (Code: M1615)

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Price: $350,000






Weekly Takings (inc GST) $40,000
Cost of Goods $32,500
Gross Profit $7,500
Rent $1,000
Wages $1,500
Outgoings $
Telephone $
Insurance $
Electricity $
Gas $
Misc 1 $1,000
Misc 2 $
Total Expenses $3,500
Net Profit $4,000
Coffee Kilos P/W 0.0

Estimated Stock

$100,000
(Additional)

Equipment

$
(Included)
All other values
exclude GST
General Description
Full newsagency selling newspapers, magazines, cards, books, stationery, postage etc. -Lotto sales $800k - Newsagency and magazine yearly profit is $150k.

Potential
Ideal for owner operator or investor.

Features
Low rent. Solid income. No competition. Loyal customers.

Premises
Well presented shop with an area of 144 sq. mts.

Location
Good location in shopping village.

Trading Hours
6.5 days. - Mon. - Fri. - 5:00 a.m. - 6:00 p.m. - Sat. - 6:00 a.m.- 4:00 p.m. - Sun. - 6:00 a.m.-12:00 p.m.

Lease
5 + 5 year lease commenced 2011. - C.P.I increases - 3 month bond.

Employees
2 owners plus staff.

Comments
The above figures shown are based on 2 fulltime owners working in the business. - Current parttime working owner pays $4000 wages per week. - Full financial figures available. - The lotto commission of $75,252 can cover yearly rent.

Similar Businesses
Newsagency - Retail - North West Sydney
$330,000
Newsagency - Retail - North Coast N.S.W.
$375,000




SBX Business Brokers takes no responsibility for the accuracy of this information. Buyers should seek advice from their own Advisors.

SBXM1615

For more details please call (02) 9439 4403
or click here to register with us.


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