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Newsagency - Retail - Urgent Sale

Business for Sale
Newsagency - Retail - Urgent Sale
NSW

Newsagency - Retail - Sydney CBD - Agent SBX Code Number: FV1013 Newsagency selling cards, stationery, newspapers, magazines, drinks, Iphone cables and adapters. - Lotto represents 30% of t...

Price $39,000.00

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.



Potential

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.



Features

Ideal for student stationery market.- Very low rent.



Premises

Modern open plan fitout with an area of 40 sq. mts.



Location

Situated near university and Central Station on a busy Inner City street with lots of foot traffic



Trading Hours

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.



Lease

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.



Employees

1 owner and 1 casual



Comments

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

Contact Seller

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SBX Business Brokers
P: 02 9439 4403

Bsale ID: 98485
SBX ID: FV1013




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