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Newsagency - Established 30 years

Business for Sale
Newsagency - Established 30 years
NSW

Newsagency - Inner West - Agent SBX Code Number: W1599 Newsagency selling lotto (25% of takings - 8% margin), cigarettes, phone cards, mobile phone accessories, phone repairs, stationery,...

Price $600,000.00

Newsagency - Established 30 years

Stock Included:
Stock Value:
Years Est:
Gross Revenue:
Newsagency - Inner West - Agent SBX Code Number: W1599



Newsagency selling lotto (25% of takings - 8% margin), cigarettes, phone cards, mobile phone accessories, phone repairs, stationery, giftware, Korean ginseng products, glasses, drinks, opal cards ($3000 per day - 2.5% margin), Money Exchange income $3000 per month. - Lotto rebate $60,000 per year.



Potential

Suit family business - could add health food products.



Features

Prime location. - Long established stable business. - Very heavy pedestrian traffic to train station.



Premises

This business has an area of 112 sq.mts.



Location

Situated on main road in very busy area of popular suburb in Inner West.



Trading Hours

7 days - 530 a.m. - 700 p.m.



Lease

3 years + 3 years from December, 2017 - 3 months bond - 3% C.P.I. rental increases.



Employees

1 owner + 3 fulltimers



Comments

High volume of sales - Strong possibility to apply for a Residence Visa - Financial statements available June 2016, June 2017 - Full training available - Motivated vendor - A must inspection -Staff are not aware of sale so please be discreet and contact agent for inspection.



Agent SBX Code Number: W1599 - Sydney Business Exchange

Contact Seller

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SBX Business Brokers
P: 02 9439 4403

Bsale ID: 163177
SBX ID: W1599




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