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 .
Could introduce Western Union, ATM, -Improve gift card sales. - Large multi unit residential projects are now in the area leading to greater foot traffic.
High profile area. -Very well established business.- Huge potential.
This business has an area of 100 m2 inclusive of small office, upstairs storage room and downstairs packing area.
Busy main road shopping area in a popular growing suburb close to the City fringe.
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.
Current lease term expires May 2019. - New lease available. - 3% rent increases - 3 month bond in the form of bank guarantee required.
2 owners + 1 casual
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