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XKR1026 - Newsagency - Top location in major shopping c...

Business for Sale
NSW

Overview Well established 12 years newsagency selling newspapers, magazines, books, cards, stationery, tobacco, drinks, phone cards, bus tickets, lotto, etc. No paper deliveries. It is located in a bu

Price $240,000

XKR1026 - Newsagency - Top location in major shopping centre

Stock Included:
Stock Value:
Years Est:
Gross Revenue:
Overview
Well established 12 years newsagency selling newspapers, magazines, books, cards, stationery, tobacco, drinks, phone cards, bus tickets, lotto, etc. No paper deliveries. It is located in a busy eastern shopping center. Next to a major supermarket. Lots of foot traffic. 110m2 shop is a good size to manage. Last year with lotto sales of $1.8 million. The current rent has been reduced to $4,195 p.w. from $6,460 p.w. The center is happy to negotiate a new lease. This nice venue has a good potential to add money transfer - Western union. Don't lose this opportunity, you can have a good business of your own. The owner would like to retire.

Business Hours
7 days - Mon. - Sun. - 8:30 a.m - 7:00 p.m. Thur. 8:30 a.m - 9:00 p.m.

Employees

1 owner + 4 casuals 

Annual figures
Sales $2,780,000
Cost  $2,295,000
Rent $218,000
Wages  $50,000
Nett profit  $280,000

Contact Seller

Contact: Frank Xiao
Phone: 0433139963
Mobile: 0433139963

Bsale ID: 265608
Agent ID: 3304435




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