Newsagency – Retail – Convenience Store – Gifts

For Sale

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North Coast NSW

Business Code: TQM1071F

$390,000
+ Estimated Stock (SAV) $130000
Key Features: Beautiful country lifestyle - Regular client base - No competition. - Well presented premises - Mini supermarket at rear of premises - 300 square meter site .
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 square meters - Newsagency in front with mini mart at rear.
Price not disclosed

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Semi retirement after 27 years of being in business

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.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 many years of trade but are prepared to assist for a smooth transition.Long lease available – Inspect now – Genuine inquiries only. Estimated stock $100,000.00 extra to selling price.No Lotto – only instant scratchies.

Features

Beautiful country lifestyle - Regular client base - No competition. - Well presented premises - Mini supermarket at rear of premises - 300 square meter site .

Potential

Should try to introduce lotto sales as currently not sold.

Comments

n/a

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)
$130000
Equipment
(Included)
$50000
Net Profit
$4100
Price
$390,000
+ Estimated Stock (SAV) $130000
Price
$390,000
+ Estimated Stock (SAV) $130000
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