Newsagency – Stationery

For Sale

·
Eastern Suburbs

Business Code: G1748

$95,000.00
+ Estimated Stock (SAV) $30000
Key Features: Well established business. Great location. Large sales of cards & stationery. Low rent. Regular affluent customer base. Same owner for 11 years. Very consistent turnover.
State: NSW
Suburb: Rose Bay
Location: Well located on a busy main road close to a major fruit market and large Eastern Suburbs residential & shopping area.
Premises: The shop has an area of 40 sq mts with a small store room & tea room.
Price not disclosed

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Owners have been living in the residence above the shop & now want to relocate.

Sale Reason

Over 40 years

Established

Street Parking

Parking

2 owners (Husband & Wife)

Employees

7 days, Monday to Saturday: 7 am to 7 pm & Sunday: 7 am to 4 pm.

Trading Hours

5 year lease commenced October 2021. 3 months bond. 4% annual increases.

Lease

Newsagency selling Lotto, newspapers, magazines, stationery, tobacco, opal cards, phone & sim cards, phone accessories, soft drinks & confectionery, fax & photocopy service & parcel agent. Lotto commission is approximately $65,000 per annum.

Features

Well established business. Great location. Large sales of cards & stationery. Low rent. Regular affluent customer base. Same owner for 11 years. Very consistent turnover.

Potential

Could paint the shop and give it a fresh new look. There are many new home units being built close by.

Comments

Please note that the current owner has renewed the front counter & Lotto area.

Weekly Summary

Figures exclude GST

Weekly Takings
$16775
Cost of Goods
$13675
Gross Profit
$3100
Rent
$962
Telephone
$15
Insurance
$45
Electricity
$25
Total Expenses
$1047
Estimated Stock
(Additional)
$30000
Net Profit
$2053
Price
$95,000.00
+ Estimated Stock (SAV) $30000
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