Newsagency – Retail – Convenience – Gifts

For Sale

·
North Coast NSW

Business Code: TQM1071

$480,000.00
+ Estimated Stock (SAV) $100000
Key Features: Beautiful country lifestyle - Regular client base - No competition. - Well presented premises.
State: NSW
Suburb: Nimbin
Location: Situated in one of the most visited tourist towns in North Coast N.S.W.
Premises: Large store situated in centre of main street with an area of 300 sq. mts. - Newsagency in front with mini mart at rear.
Price not disclosed

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Semi retirement

Sale Reason

1980

Established

Street parking plus huge car park at rear.

Parking

2 owners + 12 casuals

Employees

7 days - Mon. - Fri. - 7 a.m.- 5.30 p.m. - Sat. - Sun. - 8 a.m. - 5 p.m.

Trading Hours

New lease can be negotiated - 5 + 5 if required - 2.2% C.P.I. increases - Bond 4 weeks rent

Lease

Newsagency selling papers, magazines, office supplies, art supplies plus a delightful mini mart fully stocked with a huge variety of convenience lines, fruit and vegetables, soft drinks, toys and much more. – This thriving business is the towns major mini mart with minimum opposition.

Features

Beautiful country lifestyle - Regular client base - No competition. - Well presented premises.

Potential

Should introduce lotto and powerball sales as currently not sold.

Comments

Perfectly situated in a strong growth area and in a major NSW tourist site, this busy towns one stop shop represents a golden opportunity - Owners are in need of a break after 19 years of trade but are prepared to assist for a smooth transition. - Long lease available. - Inspect now - Genuine inquiries only.

Weekly Summary

Figures include GST unless stated otherwise

Weekly Takings
$33000
Cost of Goods
$24430
Gross Profit
$8570
Rent
$950
Wages
$2250
Telephone
$100
Insurance
$220
Electricity
$400
Misc 1
$250
Misc 2
$300
Total Expenses
$4470
Estimated Stock
(Additional)
$100000
Equipment
(Included)
$50000
Net Profit
$4100
Price
$480,000.00
+ Estimated Stock (SAV) $100000
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