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Newsagency - Retail - Newsagency - Profit $1392 Pw Upper Nth Shore Nsw Same Owner 14 Yrs Low Rent For Sale

Sydney, New South Wales, Australia
Asking Price:
$88,000 (AUD)
Sales Revenue:
$854,828 (AUD)
Cash Flow:
$72,384 (AUD)

Newsagency selling newspapers, magazines and similar publications, greeting cards, stationery, lottery and opal cards. - - They also sell confectionery, drinks, phone cards, transport tickets, toys and gifts. - Services provided include photocopying, fax and other similar services such as dry cleaning agent. - The business has 7 sub-newsagents. - The Lotto fittings have been recently renovated to latest standards at a cost of approx. $20,000.

Potential
Could increase giftware side of business.

Features
Same owner 13 years - Large percentage of deliveries done by staff. - Great location.

Premises
Full newsagency with storage and bathroom at the rear of rhe premises and a total area of 100 sq. mts.

Location
Prime street front location in small strip shopping centre in Upper North Shore

Trading Hours
7 days -Mon. to Fri. - 630 a.m. - 630 p.m. - Sat. and Sun. - 700 a.m. - 200 p.m.

Lease
A new 9 year lease is available to a suitable purchaser ( 3 + 3 + 3 years) - the annual rental increases will be -.-.-. - The current rental bond is one month.

Employees
Husband and wife plus 2 paper delivery drivers. - Wife works 4 hours per day Monday to Friday .

Comments

Property Information

Location:

Prime street front location in small strip shopping centre in Upper North Shore

Business Operation

Expansion Potential:

Could increase giftware side of business.

Trading hours:

7 days -Mon. to Fri. - 630 a.m. - 630 p.m. - Sat. and Sun. - 700 a.m. - 200 p.m.

Employees:
Husband and wife plus 2 paper delivery drivers. - Wife works 4 hours per day Monday to Friday .
Years established:
1979

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