Newsagency. Eastern Suburbs.
SOLD by Peter Golding
Business Sale Price $240,000 plus stock.
What a perfect position in a quality up market location and with NO near opposition.
Strong newspaper sales, excellent shop sales.
Weekly average Turnover $18,900 net after GST.
GROSS Profit $5,600.
Very competitive rent of $1,276 plus GST p/w.
Net Profit $3,000 a week plus for one owner working just one full day and two half days after all costs including staff wages of $1,000 a week..
OUTSTANDING OPPORTUNITY FOR A COUPLE.
Good casual staff including a very reliable driver for daily deliveries. Only one person needed in the shop all day.
Stock approx. $45,000 however flexible amount if required.
Full Financials available.
The business has been owned by the same owner for three years. There is currently five years left on the lease but the landlord has indicated that an approved buyer will be able to get a new lease of five years plus five year option. Please note the landlord is looking for an experienced buyer and a Bank Guarantee of 6 months rental may be required if experience is lacking.
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For anything further please contact by return email or call Peter Golding on 02 9413 2977 or 04 14 24 28 30.
- Status: SOLD
- Summary: Newsagency
- Code: PG 283
- Sector: NON food
- Type: SOLD
- Location: Eastern Suburbs
- Sales: $18,950
- Period: weekly
- Net Profit: $3,096.25
- Rent: $1,276
- Stock: $45,000
- Price: $240,000
- Long Financials: available
- Staff: One owner plus Two casuals and a driver.
- Lease: Five years