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Newsagency - Busy area

Business for Sale
Newsagency - Busy area
NSW

Newsagency - Inner West - Agent SBX Code Number: FK1014A Newsagency selling greeting cards, magazines, lotto, newspapers, stationery, toys, drinks, confectionery, phone accessories, prin...

Price $228,000.00

Newsagency - Busy area

Stock Included:
Stock Value:
Years Est:
Gross Revenue:
Newsagency - Inner West - Agent SBX Code Number: FK1014A



Newsagency selling greeting cards, magazines, lotto, newspapers, stationery, toys, drinks, confectionery, phone accessories, printing services and opal cards.- 9 sub-agents - weekly delivery run of 2,500 (1,000 during the week and 1,500 weekend). - Retail sales grew by 10% in past year - lotto accounts for approx. $474,000 in sales with commission included in takings - Sub agencies bring in approx. $2,500 in weekly sales also included in takings.



Potential

Huge population growth in the area is improving takings. - Blue chip companies are moving in the nearby technology park to benefit newspaper deliveries. -Could include parcel collection, western union and include gift card sales for extra takings.



Features

Low rent - Loyal customer base -High lottery sales - Growing population-Virtually no nearby competition



Premises

This store has an attractive and modern layout, recently refurbished, new IT systems and an area of 90 sq. mts.



Location

Excellent village location on main road near train station with no competition nearby and abundant foot traffic.



Trading Hours

7 days - Mon. - Fri. - 6.30 a.m. - 6 p.m. - Sat. - 7 a.m.- 5 p.m. - Sun.- 7 a.m.- 3 p.m.



Lease

Current lease expires July 2017 + a further 3 year option - 3 month bond - rent increases at 3% p.a.



Employees

1 Owner + 1 weekend casual + 1 delivery driver



Comments

Delivery run is generating approx. $4,000 a week in gross newspaper sales. - Vendor is happy to provide training. - Inspection is a must.



Agent SBX Code Number: FK1014A - Sydney Business Exchange

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SBX Business Brokers
P: 02 9439 4403

Bsale ID: 110381
SBX ID: FK1014A




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