Newsagency - Freehold - Great opportunity
Stock Included: —
Stock Value: —
Years Est: —
Gross Revenue: —
Newsagency - Freehold - Newcastle area - Agent SBX Code Number: F3135
Freehold newsagency selling newspapers, lotto, magazines, opal cards, stationery plus greeting cards. - The building needs some renovations but the shop is constant with continuous customers. - Eight sub newsagencies - Mon - Fri deliveries approx. 250 - Sat. - 400 - Sun - 200 - Lotto sales approx. $14, 500 per week and profit $71,383 per annum .Freehold $300000.00 Business $500000.00
Room for expansion of building - could add food, gifts and toys.
Established over 60 years.
Shop has an area of 120 sq. mts. - including bathroom, one bedroom, kitchen, office, covered in verandah.
Situated on main arterial road into township North of Newcastle in one of the largest growth areas of N.S.W.
7 days - Mon. - Fri. - 5.00 a.m. - 6.00 p.m. - Sat. - 5.00 a.m. - 12 p.m. - Sun. - 6.30 a.m. - 12 p.m.
Two owners + one fulltimer + two casuals.
Fantastic business for husband and wife team. - Business has been operating over 60 years - 21 years by current owners. - Vendor is asking $500k for the business and $300k for the freehold. - Total $800k plus stock at value. - g.s.t. not included if applicable.
Agent SBX Code Number: F3135 - Sydney Business Exchange