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Listing ID: 3106314

Business - Newsagency Under Management - Long established - New renovated - Nothing to spend. For Sale

Sydney, NSW, Australia

$298000

Revenue: not disclosed

Cash Flow: not disclosed

Business Description

Newsagency. - Convenience Store - Under Management - City Fringe
SBX Business Code: FW1086
Newsagency - convenience store selling newspapers, magazines, lotto, greeting cards, stationery, giftware, drinks & cigarettes etc - Newly renovated shop - Lotto sales approx. $18, 645 p.w. with profit $117,364 per annum. - No newspaper delivery.

Potential
New apartments approved recently - Great potential for a motivated owner operator.

Features
Prime location - Long established - Newly renovated - Easy to run.

Premises
This business has an area of 116 SQMs including an office and a store room.

Location
Located in the centre of suburb, surrounded by well-established resident and commercial.

Trading Hours
7 days - Mon. - Sat. - 600 a.m. - 700 p.m. -Sun. - 600 a.m. - 500 p.m.

Lease
Current lease expires July 2021 - CPI increases. - 3 months bond. - New lease available.

Employees
1 Manager + 1 casual.

Comments
Note Managers wage has been removed and added to net profit as if run by an owner operator.
Figures
Weekly Sales $36815
Rent (ex GST) $1480
Wages $500
Profit $2713


SBX Business Code: FW1086

SBX Business Brokers

Property Details

Other Details

Premise Details:

Prime location - Long established - Newly renovated - Easy to run.

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