Newsagency - Busy area
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Stock Value: —
Years Est: —
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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.
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.
Low rent - Loyal customer base -High lottery sales - Growing population-Virtually no nearby competition
This store has an attractive and modern layout, recently refurbished, new IT systems and an area of 90 sq. mts.
Excellent village location on main road near train station with no competition nearby and abundant foot traffic.
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.
Current lease expires July 2017 + a further 3 year option - 3 month bond - rent increases at 3% p.a.
1 Owner + 1 weekend casual + 1 delivery driver
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