Newsagency - Retail - Urgent Sale
Stock Included: —
Stock Value: —
Years Est: —
Gross Revenue: —
Newsagency - Retail - Sydney CBD - Agent SBX Code Number: FV1013
Newsagency selling cards, stationery, newspapers, magazines, drinks, Iphone cables and adapters. - Lotto represents 30% of turnover (approx. commission per anum $30,000- $40000) and stationery another 40%. - The owners are currently installing an Ezy Video Kiosk. - No deliveries - no sub agents.
Two new residential towers are being built next to the mall over the next 18 months, which should help sales.- Could add more products, a sub agency or a delivery run.
Ideal for student stationery market.- Very low rent.
Modern open plan fitout with an area of 40 sq. mts.
Situated near university and Central Station on a busy Inner City street with lots of foot traffic
7 days - Weekdays - 10.00 a.m. to 8 p.m. -Sat- 10.00 a.m to 7.30 p.m -Sun.- 10.00 a.m to 6 p.m.
Current lease expires Sept 2020. - Centre management will give lease to new owner who must have experience in this type of business. - Annual increases of 8% - 3 month bond.
1 owner and 1 casual
Owner looking for a quick sale as he is relocating to Melbourne. - Rent includes all outgoings. - Cost of sales includes lotto commissions. - Miscell. 1 - includes bank charges / eftpos. - Miscell. 2 - includes printing costs and stationery. - Equipment value is included in the sale price - stock will be in addition to the sale price.
Agent SBX Code Number: FV1013 - Sydney Business Exchange