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Newsagency - Convenience Store - Retail - Gold Coast - (Code: TTQE1003)

Well established

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Price: $380,000






Weekly Takings (inc GST) $28,000
Cost of Goods $12,500
Gross Profit $15,500
Rent $1,300
Wages $1,000
Outgoings $
Telephone $
Insurance $
Electricity $250
Gas $
Misc 1 $8,950
Misc 2 $
Total Expenses $11,500
Net Profit $4,000
Coffee Kilos P/W 0.0

Estimated Stock

$35,000
(Additional)

Equipment

$
(Included)
All other values
exclude GST
General 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.

Potential
Could sub divide up into convenience store etc. - Add coffee machine / juice machine & potential to add more local produce.

Features
Great sales and very strong profits - Very well established business. - Long lease and low rent.

Premises
Superbly presented quality newsagency with an area of 160m2 (including office)

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

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. - First time offered in over 12 years - very well priced for sale.- All offers will be submitted.


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

SBXTTQE1003

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