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Newsagency - Newsagency - Lower North Shore - Sales $51,145 P.W. For Sale

Sydney, New South Wales
Asking Price:
$500,000 (AUD)
Sales Revenue:
$2,659,540 (AUD)
Cash Flow:
$307,216 (AUD)

Newsagency selling newspapers, magazines, lotto, greeting cards, stationery, giftware, drinks & cigarettes etc.- Lotto commission approx. $100,000 per year included in takings.- Cards, magazines & stationery account for approx.40% of sales. - 6 sub agents.- Mon.- Fri. deliveries 700 - Sat- 1,300 - Sun.- 700.- CCTV with 16 cameras.

Potential
Many opportunities with an affluent area -Expand gift lines & stationery - Parcel pick up services.- Set up on-line services and website.

Features
High volume of pedestrian traffic flow daily.- Big shop with beautiful fit-out. - Well established.

Premises
This business has an area of 220 sq.mts and is in excellent condition.

Location
Situated in the heart of a prestigious area of the Lower North Shore with walk through shop connecting to shopping centre.

Trading Hours
7 days - Mon. - Fri. - 600 a.m.- 600 p.m. -Sat. - 600 a.m.- 500 p.m. - Sun. - 600 a.m.- 400 p.m.

Lease
Current lease commenced August , 2015 and expires 31st July, 2020 .- -.-.-. rent increases.- 3 months bond.

Employees
2 owners + 8 casuals,

Comments

Property information

Location:

Situated in the heart of a prestigious area of the Lower North Shore with walk through shop connecting to shopping centre.

Business Operation

Expansion Potential:

Many opportunities with an affluent area -Expand gift lines & stationery - Parcel pick up services.- Set up on-line services and website.

Trading hours:

7 days - Mon. - Fri. - 600 a.m.- 600 p.m. -Sat. - 600 a.m.- 500 p.m. - Sun. - 600 a.m.- 400 p.m.

Employees:
2 owners + 8 casuals,
Years established:
20 years plus

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