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Newsagency - Retail - Long established

Business for Sale
Newsagency - Retail - Long established
NSW

Newsagency - Retail - South Coast - Agent SBX Code Number: CB1354 Newsagency selling newspapers, magazines, stationery, confectionery and activity books - Good exposure given to toys and gifts...

Price $200,000.00

Newsagency - Retail - Long established

Stock Included:
Stock Value:
Years Est:
Gross Revenue:
Newsagency - Retail - South Coast - Agent SBX Code Number: CB1354

Newsagency selling newspapers, magazines, stationery, confectionery and activity books - Good exposure given to toys and gifts, driving strong sales due to unopposed position - Considerable demand for cards, which have large display- Lotto sales exceed $550,000 p.a. and increasing due to new products - Eftpos integrated into Tower software program - Member of buying group.

Potential

Target social media - Create website - Promote gift and toy sales - Introduce phone cards - Sell cigarettes.

Features

Very strong local support - Great position - Long established - Popular tourist destination year round - Good rent - Strong Lotto sales - Easy to run.

Premises

Attractive open plan premises incorporating two shops with office and kitchenette and an area of 100 sq. mts.

Location

Prominent location on main road in shopping strip in iconic destination South Coast sea side town.

Trading Hours

7 days - Mon. - Fri. - 7.00 a.m. - 5.30 p.m. -Sat. - 7.00 a.m. - 4.00 p.m . - Sun.- 7.00 a.m. - 2.00 p.m.

Lease

Current lease expires July, 2019 - New lease available - C.P.I. increases - Bond 1 month.

Employees

2 owners + 1 casual.

Comments

Misc.- 1 - Trade waste - Misc.- 2 - Back to base security, with CCTV cameras and remote monitoring also installed - Gold member status from magazine supplier - Lotto course required for new buyer - New Lotto counter due 2019.

Agent SBX Code Number: CB1354 - Sydney Business Exchange

Contact Seller

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View Broker Profile

SBX Business Brokers
P: 02 9439 4403

Bsale ID: 203616
SBX ID: CB1354




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