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Listing ID: 1675233

Business - Newsagency Shopping centre location For Sale

Sydney, NSW, Australia

$295000

Revenue: not disclosed

Cash Flow: not disclosed

Business Description

Newsagency - Retail - Wollongong Illawarra
SBX Business Code: BM1033
Full newsagency with lotto, stationery, extensive giftware range and full range of greeting cards. - Gift shop and stationery sales are already 50% of turnover. - No deliveries - Lotto commission is $1500 p.w. included in the weekly turnover.

Potential
Needs new owner operator to fully develop the potential of the business

Features
Large shop allowing for expansion of current retail offering - Easy to run. - Brand new $400k fit out.

Premises
This business has an area of approx 130 sq.mts.

Location
Ground floor of a major shopping centre in CBD opposite major supermarket.

Trading Hours
7 days - Mon. - Wed. - Fri. - 830 a.m. - 5.30 p.m. - Thurs. - 830 a.m. - 9 p.m. - Sat. - 9 a.m. - 4 p.m. - Sun. - 10 a.m.- 4 p.m.

Lease
Lease expires June 2019 CPI increases

Employees
1 owner + casuals as required

Comments
This business is being marketed, not on current trading figures, but on the potential of increasing the gift shop and stationery side of the business. - Staff are not to be alerted that business is for sale
Figures
Weekly Sales $25500
Rent (ex GST) $3305
Wages $600
Profit $1920


SBX Business Code: BM1033

SBX Business Brokers

Property Details

Other Details

Premise Details:

Large shop allowing for expansion of current retail offering - Easy to run. - Brand new $400k fit out.

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