XKR1026 - Newsagency - Top location in major shopping centre

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

 

XKR1026 - Newsagency - Top location in major shopping centre

$240,000.00Price

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