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Newsagency - Freehold - Great opportunity

Business for Sale
Newsagency - Freehold - Great opportunity
NSW

Newsagency - Freehold - Newcastle area - Agent SBX Code Number: F3135 Freehold newsagency selling newspapers, lotto, magazines, opal cards, stationery plus greeting cards. - The building needs...

Price $800,000.00

Newsagency - Freehold - Great opportunity

Stock Included:
Stock Value:
Years Est:
Gross Revenue:
Newsagency - Freehold - Newcastle area - Agent SBX Code Number: F3135



Freehold newsagency selling newspapers, lotto, magazines, opal cards, stationery plus greeting cards. - The building needs some renovations but the shop is constant with continuous customers. - Eight sub newsagencies - Mon - Fri deliveries approx. 250 - Sat. - 400 - Sun - 200 - Lotto sales approx. $14, 500 per week and profit $71,383 per annum .Freehold $300000.00 Business $500000.00



Potential

Room for expansion of building - could add food, gifts and toys.



Features

Established over 60 years.



Premises

Shop has an area of 120 sq. mts. - including bathroom, one bedroom, kitchen, office, covered in verandah.



Location

Situated on main arterial road into township North of Newcastle in one of the largest growth areas of N.S.W.



Trading Hours

7 days - Mon. - Fri. - 5.00 a.m. - 6.00 p.m. - Sat. - 5.00 a.m. - 12 p.m. - Sun. - 6.30 a.m. - 12 p.m.



Lease

Freehold only.



Employees

Two owners + one fulltimer + two casuals.



Comments

Fantastic business for husband and wife team. - Business has been operating over 60 years - 21 years by current owners. - Vendor is asking $500k for the business and $300k for the freehold. - Total $800k plus stock at value. - g.s.t. not included if applicable.



Agent SBX Code Number: F3135 - Sydney Business Exchange

Contact Seller

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SBX Business Brokers
P: 02 9439 4403

Bsale ID: 130205
SBX ID: F3135




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