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Leura Newsagency - Solid, Growing, with Potential

Business for Sale
NSW

Well run and established newsagency located within a heritage building in a tree-lined main street which is great for browsing in antique shops, art galleries and bookstores. Key Features: - Enjoyed

Price $299,000

Leura Newsagency - Solid, Growing, with Potential

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

Well run and established newsagency located within a heritage building in a tree-lined main street which is great for browsing in antique shops, art galleries and bookstores.

Key Features:

- Enjoyed a 7% increase in Lotto commissions in 2015/2016 and total trading income increasing.

- Significant growth potential in sale of gifts and souvenirs targeted to growing tourist market.

- Long lease - nearly 10 years.

- Low rental/outgoings of $1,608 per week.

- Large 162 sq m premises + storage.

- Business established 9 years.

- Full training provided.

- Supported by a modern fit-out and the latest computer software.

To receive further information please complete the below registration: http://www.abbagroup.com.au/?p=3062532#enquire-now

Annual Rent : $83,616 - Weekly Rent : $1,608

Annual Turnover : $835,380 - Weekly Turnover : $16,065

Annual Gross Profit : $364,052 - Weekly Gross Profit : $7,001

Annual Ebit : $118,248 - Weekly Ebit : $2,274

Premise : Leased

Lease Commencement : Nov 2013

Lease End : Nov 2018

Lease Option: 5 + 2 years

Total Floor Area : 162 Square Metres

Approximate Stock Value : $110,000

Year Established : 2007

Reason for Sale : Retirement

Location : In beautiful Blue Mountains

Business Potential : There is potential for significant growth in the sale of gifts & souvenirs targeted at the growing tourist market.

Contact Seller

Contact: John Emmery
Mobile: 0423529041

Bsale ID: 102872
Agent ID: 3062532




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