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Newsagency - Newsagency - Brisbane City Fringe - Sale $13,674 P.W. For Sale

Brisbane, Queensland
Asking Price:
$100,000 (AUD)
Sales Revenue:
$711,048 (AUD)
Cash Flow:
$104,884 (AUD)

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.

Potential
Could add dry cleaning, ATM, toys and other gift items - Lots of new apartments in surrounding areas.

Features
No competition - Established over 30 years -Well known business - Great location

Premises
This business has an area of approx. 106 m2

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

Trading Hours
7 days - Mon. - Wed. - 8 a.m. - 6 p.m. - Thurs. - 8 a.m. - 730 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

Property information

Location:

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

Business Operation

Expansion Potential:

Could add dry cleaning, ATM, toys and other gift items - Lots of new apartments in surrounding areas.

Trading hours:

7 days - Mon. - Wed. - 8 a.m. - 6 p.m. - Thurs. - 8 a.m. - 730 p.m. - Fri. - 8 a.m. - 6 p.m. -Sat. - 8 a.m. - 5 p.m.- Sun. - 9 a.m. - 3 p.m.

Employees:
1 owner (40 hours per week) + 4 parttimers
Years established:
1986

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