Newsagency - Busy area
Stock Included: —
Stock Value: —
Years Est: —
Gross Revenue: —
Newsagency - South West - Agent SBX Code Number: GJ1336
Newsagency selling magazines, newspapers, stationery, confectionery, a lot of cigarettes plus drinks, lotto, money transfer, parcel collection.
Could expand parcel collection business. - Improve the lighting to make the store more inviting. - Improve the confectionery -quick grab offerings to increase takings
Regular clients. - Top agent for western union which earns 17%. - Easy to run - Little nearby competition.
Large shop with an area of 100 sq. mts. including storage area. - Side lane access.
Situated in South West Sydney retail area close to post office, major bus interchange and rail station.
6.5 days - Mon. - Fri. - 5.30 a.m. - 6 p.m. - Sat. - 6 a.m. - 4 p.m. - Sun. - 7 a.m. - 12 noon
Current lease expires April. 2017. - Opportunity to relocate to new building next door (due for completion at same time) at a reduced rental.
Husband and wife full time + 2 part time assistants
Driver for deliveries is paid $30 per day. - This includes providing his own vehicle, petrol and labour. - Figures above represent husband and wife team working. - Opportunity for a motivated new owner to smarten up the shop and add more high margin products plus expand the parcel collection business. VERY FEW DELIVERIES. Also sells baby formula and supplements onsite - 100 cans/week - also sold wholesale - generating $500/wk gross profit. Large demand for this in the area. Building has just been sold and there is new owner - potential to negotiate new lease. - Vendor is very motivated to sell.
Agent SBX Code Number: GJ1336 - Sydney Business Exchange