SBX Business Brokers - Businesses for sale Sydney

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



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.

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

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

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

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.

Current lease expires Dec. 2023 - C.P.I. increases - 3 month bond.

2 owners full time + 5 casuals

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.


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