Newsagency - Retail
Business Code: M2205
$180,000
Enquire now+ Estimated Stock (SAV) $20,000
Key Features: Newsagency - 5 days - Low rent -Nets $2155 p.w.-Sydney Lower North Shore
State: NSW
Suburb: North Sydney
Location: Top location in high foot traffic area of major shopping centre in Lower North Shore area.
Premises: Well presented shop with area of 55 m2.
Business Overview
Retail newsagency mainly selling lotto, cards, magazines, stationery and newspapers etc. The takings include lotto and scratch sales average $13610 per week with 12% of commission $1633 per week. Currently only trading 5 days with short trading hours 9:30 a.m.-.6.p.m. ( Mon.- Fri. ) due to the vendors health problem.
Health reasons
Sale Reason
Centre parking
Parking
One owner
Employees
5 days - Monday to Friday - 9:30 a.m to 6 p.m.
Trading Hours
New 5 years available without refurbish requirement. - 4% increases - 3 months bond.
Lease
Features
- Great and busy location.
- No competition. Easy to operate.
- Short trading hours.
- New 5 years lease available with cheap rent.
- Great growing potential.
- Well priced.
Potential
Could restore normal trading hours 7 am to 6 pm ( Monday to Friday ) and 8 am to 2 pm. ( Saturday ) to increase sales. - Could add tobacco products ( lease permitted ) and increase soft drink items to boost sales and profit.
Comments
Misc.- 1- Refers to lotto charge fee. - Misc.- 2 - Accountant fees etc. - Keen vendor wants to quick sale duo to heath reason. - A good buy opportunity. - The shop POS can be reviewed on meeting. - A must to inspect. Please be discreet when visiting the premises.
Related Businesses For Sale
