XKR2020001- Newsagency - NP$5855 p.w.- Prime location -No competition

General Description
Newsagency selling newspapers, magazines, cards, stationery, drinks, confectionery, cigarettes and giftware. - Lotto commission approx. $200k per year included in takings and growing - Sales are increasing every year. 

Potential
Could add new products. - Great business for husband and wife team.

Features
Good rent - Regular client base - No competition. - Well presented premises.

Premises
This business has an area of 95 sq. mts. and is in excellent condition.

Location
Excellent location in a village shopping centre close to Gold Coast

Trading Hours
7 days - Mon. - Fri. - 7:00 a.m.- 6:00 p.m. - Sat.- 7:30 a.m.- 5:30 p.m. - Sun. - 7:30 a.m. - 2:30 p.m.

Lease
Current lease expires Nov. 2019 + 5 + 5 year options - C.P.I. increases every year - 3 month bond.

Sale Reason
Moving to Sydney

Employees
2 owners

Comments
Misc.-1- includes accountancy fees, computer & software support, air condition maintenance fee and equipment hire. (Lottery printer & computer) - From 1st July, 2019 the lotto commission will increase 1% - A must to inspect but please be discreet. 

XKR2020001- Newsagency - NP$5855 p.w.- Prime location -No competition

$495,000.00Price
  •  

     

    Figure Display Type   Regular
    Weekly Takings   $49,076
    Cost of Goods $41,730
    Gross Profit $7,346
    Rent (ex GST) $1,109
    Outgoings $162
    Wages $
    Telephone $28
    Insurance $50
    Electricity $88
    Gas $
    Misc 1 $54
    Misc 2 $
    Total Expenses $1,491
    Nett Profit $5,855

    Price

    $495,000

    Estimated Stock (additional)

    $70000

     

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Suite 302, 7 Railway St, Chatswood  - New South Wales - Australia  - COMPANY INTRANET