XKR1056 - Newsagency For Sale - Well Priced - Recently Refurbished

Overview:
A newsagency is for sale in Rouse Hill.  Products offered in the store includes newspapers, magazines, cigarettes, greeting cards, phone cards, lotto and various small gifts.   The newsagency has a business size area of 200 square metres, with an organised store layout.

 

The business is in a high traffic location.  In the last fiscal year, lotto sales were AUD1.45 million, with a profit margin of 9.3%.   Lotto profits is sufficient to cover rent expenses. The store has just renewed its lease to 2024 and has recently been refurbished. This business is ideal for couples.  The seller would like to retire and is asking for a very reasonable price.  Other details:

 

Opening hours:
Mon. Tue. Wed. Fri. Sat 9am-6pm
Thur. 9am-9pm
Sun. 10am-5pm.

 

Staff:
1.5 owners, 5 part timers

 

Lease:
To March 2024, 5% annual growth, 3 months bonds

 

Est. Weekly Figures *:

Turnover                $30,790

Cost                      $24,720 

Rent (ex GST)        $2,780  (no outgoings payable)

Labour cost           $770

Est Nett Profit        $2,195

Stock @ Value       $100,000  (not included in the sale)

 

 

* The content is not verified in any way.  The agency is not responsible for the accuracy of the information.  Buyers should conduct their own due diligence and seek advice from qualified professionals.  

 

XKR1056 - Newsagency For Sale - Well Priced - Recently Refurbished

$145,000.00Price

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