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Newsagency - Great opportunity

Business for Sale
Newsagency - Great opportunity
NSW

Newsagency - Eastern Suburbs - Agent SBX Code Number: FK1003 News-agency with 7 sub-agencies and home deliveries. - Sells magazines, newspapers,etc. - lottery sales of approx. $504,000 p....

Price $225,000.00

Newsagency - Great opportunity

Stock Included:
Stock Value:
Years Est:
Gross Revenue:
Newsagency - Eastern Suburbs - Agent SBX Code Number: FK1003



News-agency with 7 sub-agencies and home deliveries. - Sells magazines, newspapers,etc. - lottery sales of approx. $504,000 p.a. equating to approx annual gross of $47,000. - Large sized premises with upstairs residence featuring 2 bedrooms and car parking. The vendor currently resides at this premises.



Potential

Could add Western Union - Growing demand for parcel collectionPotential to rent out upstairs residence for an estimated $650/wk.



Features

Excellent location with huge foot traffic -Strong magazine sales - Well run business - Long established trading history. - Residence attached



Premises

Large shop front with back area and an area of 120 sq. mts. which includes an upstairs residence.



Location

Main road location with large foot traffic in a very popular beach side suburb with locals and tourists.



Trading Hours

7 Days. Mon - Fri 6am - 6pm, Sat 7am - 6pm, Sun & Pub Hols 7am - 1pm



Lease

Current lease expires May, 2016 + 2 x 5 year options - C.P.I rent increases. - 3 months bond required.



Employees

2 fulltime owners + 1 casual



Comments

Be quick to inspect this business as it will not be on the market for long. - Residence attached is included in the lease and can be let for $650 which has been added to the profit. Full weekly rental is $1372.



Agent SBX Code Number: FK1003 - Sydney Business Exchange

Contact Seller

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SBX Business Brokers
P: 02 9439 4403

Bsale ID: 92003
SBX ID: FK1003




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