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Newsagency Could Value Add For Sale

Central Coast, New South Wales, Australia
Asking Price:
$90,000 (AUD) Furniture / Fixtures included
Sales Revenue:
$400,000 (AUD)
Cash Flow:
Available on request

Newsagency located in busy boutique shopping centre, large Coles supermarket and other speciality shops.

Plenty of parking and busy main road exposure.

Agent for Australia Post parcels, letters, bill paying etc. also agent for dry cleaning and Opal Cards.

Turnover $400,000 including $84,000 in Lottery commissions.

Established 15 years with current owner 5 years.

Very busy shopping centre, could value add gifts etc.

No deliveries required, shop sales only.

Price: $90,000 plus SAV. SAV: Approx $35,000

Region: Gosford City Area

Turnover: Approx $400k

Years Established: 15 years, current owner 5 years

Lease Terms: 4 ½ years

Lettable Area: 82m2

Permanent Staff: Vendor

Casual Staff: 3 casuals

Plant Description: Shelves, racks, cash registers, Konica copier and 1 lottery terminal

Hours Weekday: 6am to 6pm

Hours Weekend: 6am to 6pm

Rent per Calendar Month: $4,500 plus GST plus Outgoings approx $650 p.c.m.

Property Information

Real Estate:

Lease

Lease Terms:

Four and half years left

Leasehold Rent:

$54,000 (AUD) per annum

Location:

Gosford City Centre

Premises Details:

825m2

Business Operation

Expansion Potential:

Could value add gifts

Trading hours:

7 day 6am to 6pm

Employees:
Owner plus 3 casuals
Years established:
15 years, current owner 5 years

Other Information

Inventory / Stock value:
$35,000 (AUD)

Contact Information

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