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Newsagency - Retail - Well known

Business for Sale
Newsagency - Retail - Well known
NSW

Newsagency - Retail - Inner West - Agent SBX Code Number: FK1016 Newsagency selling newspapers, easy home delivery, magazines, stationery, cards, toys, soft drinks, tobacco products, O...

Price $220,000.00

Newsagency - Retail - Well known

Stock Included:
Stock Value:
Years Est:
Gross Revenue:
Newsagency - Retail - Inner West - Agent SBX Code Number: FK1016



Newsagency selling newspapers, easy home delivery, magazines, stationery, cards, toys, soft drinks, tobacco products, Opal travel cards (approx. $411,000 sales in 15 / 16), gift items, Phone cards, I tunes and gift cards etc. - Lotto products. - Lotto commission was over $50,000 with gross sales of approx. $410,000 in 15 / 16 financial year combined with scratchies. - Business has 3 sub -newsagencys one of which is after hours .



Potential

Could introduce Western Union, ATM, -Improve gift card sales. - Large multi unit residential projects are now in the area leading to greater foot traffic.



Features

High profile area. -Very well established business.- Huge potential.



Premises

This business has an area of 100 m2 inclusive of small office, upstairs storage room and downstairs packing area.



Location

Busy main road shopping area in a popular growing suburb close to the City fringe.



Trading Hours

7 days - Mon. - Fri. - 6 a.m. - 6 p.m. - Sat. - 6 a.m.- 4.30 p.m. - Sun. - 6 a.m.- 12 p.m.



Lease

Current lease term expires May 2019. - New lease available. - 3% rent increases - 3 month bond in the form of bank guarantee required.



Employees

2 owners + 1 casual



Comments

Misc.- 1 - sundrys. - Misc.- 2 - motor vehicle expense for deliveries. - Upstairs store room can be subleased as storage or office. - Newspaper deliveries are approx. 1,200 in volume in a concentrated area making for easy delivery. - These consist of around 460 deliveries on Sat. & Sun. and 750 on Mon. - Fri. - Tobacco sales were around $126,000 last financial year.



Agent SBX Code Number: FK1016 - Sydney Business Exchange

Contact Seller

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SBX Business Brokers
P: 02 9439 4403

Bsale ID: 97655
SBX ID: FK1016




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