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Listing ID: 2754341

Business - Newsagency Busy area For Sale

Sydney, NSW, Australia

$100000

Revenue: not disclosed

Cash Flow: not disclosed

Business Description

Newsagency - Retail - Inner West
SBX Business Code: FS1088
Newsagency selling a selection of lotteries, magazines, newspapers, greeting cards, drinks, confectionery, cigarettes, opal cards, flowers, and many other stationery items. - Lotto income is approx. $450,000 per annum. - Weekly sales include approx. $9,000 of lotto sales + $ 1,400 newspaper + $400 magazines + $6500 cards, cigarettes etc.

Potential
Great opportunity for experienced operator - Could increase stationery and cards.

Features
Great position. - Well established - Large shop with reasonable rent.

Premises
This business has an area of 175 sq. mts with storage room at the back.

Location
Street front location in busy shopping strip in Inner West suburb.

Trading Hours
7 days - Mon. - Fri. - 700 a.m.- 630 p.m.- Sat. -Sun. - 700 a.m.- 400 p.m.

Lease
Current 5 years lease expires on March, 2018 + 5 years option.- C.P.I. rent increases per year.- 3 month bonds request.

Employees
One owner + one casual.

Comments
Paper deliveries - Mon. - Fri. - 60 - Sat. - Sun. - 120.
Figures
Weekly Sales $19900
Rent (ex GST) $1575
Wages $500
Profit $2430


SBX Business Code: FS1088

SBX Business Brokers

Property Details

Other Details

Premise Details:

Great position. - Well established - Large shop with reasonable rent.

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