Newsagency - Westpoint Blacktown, Profitable and Growing
Stock Included: —
Stock Value: —
Years Est: —
Gross Revenue: —
Large Successful and Growing Newsagency
Situated in one of the largest and busiest shopping centres in Western Sydney.
- Number 23 in state for Lotto Commissions.
- Expanding high margin gifts and stationery categories.
- Relatively very low rent.
- New 7 year lease available.
To receive further information please complete the below registration: http://www.abbagroup.com.au/?p=3049861#enquire-now
Annual Rent : $164,528 -
Weekly Rent : $3,164
Annual Turnover : $896,272 -
Weekly Turnover : $17,236
Annual Gross Profit : $570,284 -
Weekly Gross Profit : $10,967
Annual Ebit : $223,236 -
Weekly Ebit : $4,293
Premise : Leased
Lease Commencement : Nov 2013
Lease End : Nov 2018
Total Floor Area : 197 Square Metres
Franchise : Please select
Approximate Stock Value : $125,000
Year Purchased : 2013
Year Established : 1995
Days Trading : 7
4 Full Time - 4 Casual
Staff Salaries : $76,596
Reason for Sale : Partners wish to split.
Location : Situated in a busy shopping centre with excellent parking.
Business Potential : All high GP categories are increasing. Following closure of nearby bookstore last year, introducing selected range of high margin non-fiction books.
Parking Comments : car - 4800 parking spaces - there are more spaces per shop in this centre than any other major centre in Australia.