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
Total Floor Area : 220 Square Metres
Franchise : No
Approximate Stock Value : $90,000
Year Purchased : 2003
Year Established : 1966
Days Trading : 7
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