Newsagency/Stationery Supplies For Sale Wollongong Area

This long established and successful combination of Newsagency and retail Stationery Business is situated on a main road in a prime retail position, close to schools and a large industrial area. The Newsagency has a fully computerized point of sale management system (POS), that controls stock and customer accounts. Ideal family business, one of the best strip shops in the Illawarra. First Choice Office Supplies carry a large range of stationery products for clubs and businesses around the Illawarra. Lease: 5 yrs x 5yrs (neg) Shop Size: 184sqm plus storerooms & office. Leasehold, Rent: p/a $44,796 (Including Outgoings) Staff: 3, Self managed delivery run, Staff wages: $88400 (Excluding Proprietors), Lotto nett: $59,174, Vehicle: Mitsubishi Magna Sedan, Goodwill: $480,000, Gross Profit: $338,625, Nett Profit: $166,000, Furniture/fixings: $120,000, Stock At Value $120,000 (TBA)     Total $720,000.00

Additional Details

Years Established: 20
Gross Turnover: 1.4million
Stock Included: Yes
Approximate Stock Value: 120,000
Number of Employees: 3
Car Spaces: 3
Floor Area: 184 sqm
Property Title Included: No
Business Relocatable: No
Business Operated from Home: No

Buyer Resources

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Australian Government Business Resource website

Business Tax Office Support website

Australian Competition and Consumer Competition website

Directory of Government and Business Associations website