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Listing ID: 2694632

Business - Newsagency Established 20 years For Sale

Sydney, NSW, Australia

$80000

Revenue: not disclosed

Cash Flow: not disclosed

Business Description

Newsagency - Retail - Inner West
SBX Business Code: GJT1037
Newsagency selling a huge selection of magazines, newspapers, greeting cards, drinks, confectionery, cigarettes, opal cards, phone recharge vouchers, wrapping paper and many other stationery items. - Lotto income is approx. $80,000 per annum. - Weekly sales include approx. $16,000 of lotto sales + $4000 per week in tobacco sales.

Potential
Would suit two owner operators -Can add more cigarettes and tobacco to boost sales - Could add deliveries as the current owner does not have time to do deliveries

Features
Great location - Regular clientele. -Well established - Low rent

Premises
This business has an area of 80 sq. mts. including store room

Location
Situated on main road in Inner West.

Trading Hours
7 days - Mon. - Sat. - 5 a.m. - 6 p.m. - Sun. - 5 a.m. - 1 p.m.

Lease
3 years + 3 year lease commenced November 2014 - 3 months bond - 3% C.P.I. increases - Landlord willing to offer new lease if required.

Employees
1 fulltime owner + 2 casuals

Comments
$850k p.a. in Lotto sales - 5 days training with Lotto - 1 week training at another store. - Asking price is negotiable. - Currently doesnt do paper deliveries.
Figures
Weekly Sales $26128
Rent (ex GST) $950
Wages $520
Profit $1925


SBX Business Code: GJT1037

SBX Business Brokers

Property Details

Other Details

Premise Details:

Great location - Regular clientele. -Well established - Low rent

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