Business For Sale New South Wales
Business Category Newsagency
Newsagency - Retail - Stationery - Gifts - Newsagency - Retail - Stationery - Gifts - Eastern Suburbs - Sydney Nsw
Newsagency - Retail - Stationery - Gifts - Eastern Suburbs - Agent SBX Code Number: SF1642
Retail newsagency selling magazines, newspapers, stationery, confectionery, toys, cards, tobacco, phone cards, Opal transport tickets, lotto, blueshyft, drinks etc. - Western Union and parcels - Annual lotto sales per year approx. $470,000 with commission of $53,000 - Lots of potential for a motivated new owner. Stock is extra at $30,000 SAV
Suitable for an investor, a family business or a single operator or couple - Could add more gifts and expand range
Second level under construction for accommodation - Stable and secure business - Well established - Good lease - Outgoings included in the lease
Retail premises with an area of 94 m2 and a room rented out for Alterations
Well located in the best part of the busiest shopping area close to Uni, hospital, Tafe and major supermarkets in the Eastern Suburbs.
6 days - Mon. - Fri. - 700 a.m. - 600 .p.m., Sat 7 a.m. - 5 p.m. and Sun. 7 a.m. - 12 p.m.
Current lease expires Sept.2022 + 3 year option - C.P.I. increases - 3 month bond
2 full time owners + 1 casual
Vendor has sub leased the shop to Alterations for $340 p.w. (Total rent is $1110 p.w. - Sub lease $340 = $770 p.a. ex gst )- Second level under construction for accommodation suitable for hotel, Air B&B or Student Hostel (STCA) Also provides Western Union Transfer money.- Parcels pick up / Ladbrokes credit / Go Get - Home delivery Jewish Newspaper.
Agent SBX Code Number: SF1642 - Sydney Business Exchange
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