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Newsagency With Reliable Income Stream For Sale

Central Coast, New South Wales, Australia
Asking Price:
$90,000 (AUD) Furniture / Fixtures included
Sales Revenue:
$340,000 (AUD)
Cash Flow:
Available on request

Newsagency with 1 sub newsagency approx. $45,000 in Lotto & Lotteries commissions.

Located in top good group village shops on main road opposite waterfront.

Additional services include Ladbrokes and parcel delivery/pick up as a value add.

Good size shop with reasonable rent.

Vendor selling due to other business commitments.

Top family business plenty of potential to expand gift lines and other services.

Early close on Saturday and Sunday.

Currently semi managed with good staff in place.

Price: $90,000 plus SAV. SAV: Approx $45,000

Region: Top good group village shops

Turnover: Approx $350,000 plus Lottery/Lotto commissions

Years Established: 30 years current owner 3 ½ years

Lease Terms: New Lease Available

Lettable Area: 100m2

Permanent Staff: Owner plus 1 fulltime

Casual Staff: 1 casual

Hours Weekday: 7am to 6pm

Hours Weekend: Saturday 7am to 2pm. Sunday 7am to 12pm

Rent per Calendar Month: $3,803.67 plus GST plus outgoings

Outgoing Paid By: Tenant pays 8.62% of outgoings

Property Information

Real Estate:

Lease

Lease Terms:

New Lease Available

Leasehold Rent:

$45,644 (AUD) per annum

Location:

Top good group village shops

Premises Details:

100m2

Business Operation

Expansion Potential:

Top family business plenty of potential to expand gift lines and other services.

Trading hours:

Monday to Friday 7am to 6pm. Saturday 7am to 2pm. Sunday 7am to 12pm

Employees:
Owner plus 1 fulltime plus 1 casual
Years established:
30 years current owner 3 ½ years

Other Information

Furniture / Fixtures value:
$20,000 (AUD) - included in the asking price
Inventory / Stock value:
$45,000 (AUD)

Contact Information

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