Sydney CBD Newsagency for Sale

CBD busy Newsagency store is selling newspapers, magazines, lotto, greeting cards, stationery, giftware, cigarettes, confectionery and soft drinks and etc. Owner doesn’t work in shop.
Sale figure
– Lotto sales $1.738 million per annum
– Total turnover $2.59 million per annum
– Net profit $170,000 per annum.
– A little bit delivery newspaper.
Potential
Great potential for a motivated owner operator.
Features
Prime location – busy shopping street – Long established – Easy to run.
Premises
This shop has an area of 175 m2, including an office and a store room.
Location
Located near train station, surrounded by resident and shops.
Trading Hours
7 days, 6 am 9 pm (Mon-Fri), 7 am 9 pm (Sat & Sun).
Lease
5 years + 5 years (option) – CPI increases. – 3 months bond.
Employees
1 full-time + 4 part-time. Owner doesn’t work.
Comments
Note Managers wage has been removed and added to net profit as if run by an owner operator.

Figures
Weekly Sales $50,000/p.w
Rent (ex GST) $3,000/p.w
Wages $1,651/p.w
Net Profit $3,270/p.w

Details contact Phillip 0411 356 108

Compare listings

Compare