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Newsagency - Retail - Newsagency - North Sydney Area - Sales $33,000 P.W. For Sale

Sydney, New South Wales, Australia
Asking Price:
$380,000 (AUD)
Sales Revenue:
$1,716,000 (AUD)
Cash Flow:
$187,200 (AUD)

Retail newsagency mainly selling lotto, cards, magazines, stationery etc. - Current year ( based on 11 months) lotto sales are $1,169,349 with commission $120,276. - No paper deliveries - One sub newsagent for magazines only. - Newly renovated shop at a cost $140,000.

Potential
Do more marketing - Increase soft drink and cigarette sales. - Suit family operators.

Features
Great and very busy location. - No competition. - Easy to operate. - New 7 years lease with good rent. - Short trading hours with high profit.

Premises
Brand new shop fitout with an area of 55 m2.

Location
Top location in high foot traffic area of shopping centre in Lower North Shore.

Trading Hours
5.5 days - Mon. - Fri. - 7 a.m.- 6 p.m. - Sat . -10 a.m.- 2 p.m. - Closed Public Holidays

Lease
7 years lease commenced July 2016. - 4% increases. - 3 months bond.

Employees
One owner + 1 parttime staff (20 hours a week ).

Comments

Property Information

Location:

Top location in high foot traffic area of shopping centre in Lower North Shore.

Business Operation

Expansion Potential:

Do more marketing - Increase soft drink and cigarette sales. - Suit family operators.

Trading hours:

5.5 days - Mon. - Fri. - 7 a.m.- 6 p.m. - Sat . -10 a.m.- 2 p.m. - Closed Public Holidays

Employees:
One owner + 1 parttime staff (20 hours a week ).

Contact Information

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