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Kiama Newsagency in Classic Tourist Town - Price reduced...

Franchise for Sale
Kiama NSW

Situated in the centre of Kiama, only 120 km south of Sydney, this growing newsagency has no home deliveries! High margin categories of stationery, cards & gifts all grew last year, and Lotto exp

Price $330,000

Kiama Newsagency in Classic Tourist Town - Price reduced!

Stock Included:
Stock Value:
Years Est:
Gross Revenue:

Situated in the centre of Kiama, only 120 km south of Sydney, this growing newsagency has no home deliveries!

High margin categories of stationery, cards & gifts all grew last year, and Lotto expanded by 8.9%.

Huge tourist driven trade can be further capitalised with increased sales of souvenirs & gifts.

Large 220 sq m premises, low rent, long lease.

Net profit $2,686 per week

 

To receive further information please complete the below registration: http://www.abbagroup.com.au/?p=3138782#enquire-now

Annual Rent : $95,056 - Weekly Rent : $1,828

Annual Turnover : $1,148,524 - Weekly Turnover : $22,087

Annual Gross Profit : $393,692 - Weekly Gross Profit : $7,571

Annual Ebit : $139,672 - Weekly Ebit : $2,686

Premise : Leased

Lease Commencement : Jan 2013

Lease End : Jan 2018

Lease Option: 5 years

Total Floor Area : 220 Square Metres

Franchise : No

Approximate Stock Value : $90,000

Year Purchased : 2003

Year Established : 1966

Days Trading : 7

Staff : 2 Full Time - 4 Casual

Staff Salaries : $99,996

Additional Notes : Name of Newsagency and Price MUST be displayed on all sites (as per Leura Newsagency listing). Aust Business for Sale and Business for Sale sites NOT to have ABBA contact details - refer Anthony

Reason for Sale : Retirement

Location : In the centre of Kiama, the iconic seaside town, just 120 km south of Sydney.

Business Potential : Huge tourist trade can be further capitalised with increased sales of souvenirs & gifts

Parking Comments : car - Street parking out front + carpark behind shop

Contact Seller

Contact: John Emmery
Mobile: 0423529041

Bsale ID: 102888
Agent ID: 3138782




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