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Listing ID: 2895305

Business - Newsagency Newsagency - Gold Coast Area - Sales $28,000 p.w. For Sale

Queensland, Australia

$380000

Revenue: not disclosed

Cash Flow: not disclosed

Business Description

Newsagency - Convenience Store - Retail - Gold Coast
SBX Business Code: TTQE1003
Newsagency selling newspapers, magazines, cards, stationery, art supplies, paperback novels, lotto sales, office supplies, educational products etc. - 6 door glass walk in refrigerator / cool room located at the back holds large amount of cold drinks, and range of convenience products. - Great presentation and high quality standard fit out. - Lotto sales turnover is $456,000 p.a. - commission is $45,000 p.a. included in takings shown.

Potential
Could sub divide up into convenience store etc. - Add coffee machine / juice machine & potential to add more local produce.

Features
Great sales and very strong profits - Very well established business. - Long lease and low rent.

Premises
Superbly presented quality newsagency with an area of 160m2 (including office)

Location
Situated on the main road along busy strip shopping area in the Gold Coast.

Trading Hours
7 days - Mon. - Fri. - 530 a.m. to 530 p.m. - Sat. - 530 a.m. to 3 p.m. - Sun. - 530 a.m. to 11 p.m.

Lease
Current lease expires Dec. 2023 - C.P.I. increases - 3 month bond.

Employees
2 owners full time + 5 casuals

Comments
This is an outstanding business with very regular customers. - First time offered in over 12 years - very well priced for sale.- All offers will be submitted.
Figures
Weekly Sales $28000
Rent (ex GST) $1300
Wages $1000
Profit $4000


SBX Business Code: TTQE1003

SBX Business Brokers

Property Details

Other Details

Premise Details:

Great sales and very strong profits - Very well established business. - Long lease and low rent.

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