For Sale $200,000
SBX Business Brokers

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SBX Business Brokers
1/564 Pacific Highway,
St Leonards, NSW 2065

Food/Hospitality for sale

NSW

For Sale $200,000

Business Details

Newsagency - Upper North Shore

\nNewsagency - Upper North Shore - Agent SBX Code Number: F2740

Full news agency with minimal deliveries and first time on market. - Lotto sales are approximately $1,231,357 per annum . Shop can be run by one person with casual help for deliveries. - One sub news agency. - Deliveries 50 approximately 7 days a week .Stock of $80000.00 is included in the selling price but does not include xmas stock 2016 or back to school stock 2017.Must purchase code F2932 as well the vendor owns another news agency close by.

Potential
One nearby newsagency closing down in eight months time. with potential to increase turnover when other newsagency closes.

Features
Accurate financial data is available. - Only 30 deliveries. Very good location. Established clientele.

Premises
This business has an area of approx. 65 sq. mts. plus downstairs storage of 150 sq. mts.

Location
Prime street front location with high traffic pedestrian area.

Trading Hours
7 days - 6 a.m. to 6.30 p.m. - Sat. and Sun. - 6 a.m. to 5 p.m.

Lease
4 year lease cpi 3 month bond

Employees
One working owner plus casuals as required.

Comments
Same owner for many years wants to retire. Vendor owns 2 news agencies in very close proximity to each other and is selling them together for $400000.00 including stock of $150000 to $180000 for both shops ,stock not included in the selling price is xmas stock 2016 and back to school stock 2017

Figures
Weekly Sales $43817
Rent (ex GST) $2853
Wages $508
Profit $2600

Agent SBX Code Number: F2740 - SBX Business Brokers

Summary »

  • Business Category: Food/Hospitality
  • Business Sub Category: Takeaway Food
  • Expenses: $3713
  • Business Selling Price: $200000
  • Trading Hours: 7 days - 6 a.m. to 6.30 p.m. - Sat. and Sun. - 6 a.m. to 5 p.m.
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SBX Business Brokers
1/564 Pacific Highway,
St Leonards, NSW 2065

Phone: 02 9439 4403
Fax: 02 9439 5944

SBX Business Brokers
Phone: 02 9439 4403

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