, ENGADINE 2233
$200,000
Douglas Aiken

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Matthew Holland

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Ray White Business Sales
17/135 King St,
Sydney, NSW 2000

ENGADINE 2233

Retail for sale

ENGADINE NSW 2233

$200,000

Business Details

Recently Renovated Newsagency Located in Busy Shopping Strip, Sydney South

Summary
Located in Sydney South this newly renovated newsagent is located close to public transport and in between daycare and schools. The business has a turnover above $16,000 with profits above $3,000.
Revenue:
$16,000 PW
Rent:
$632 PW
Net Profit:
$3,000 PW
History
This Newsagency was established late 2000 with a strong running for the past 16 years.
About the Business
This newsagency has a unique potential has it is stretched over 2 shops next to each other, this allows the new owner to turn the other half into a bolt on style business such as a cafe, post office or gift shop.

The newsagency operates from 5:30am until 6:00pm with busy periods being early morning and late afternoon. This business could be fully operated by someone with no experience with a few weeks handover from the current owners.

The current lease is 5 years with options to renew.

The business currently operates with 2 casual staff and 1 full time, this business would be perfect for an owner operator or family looking to start a newsagency together.

General facts about the business:

andbull;Newsagency turnover is above $16,000 per week, Profits being above $3,000

andbull;Located in Sydney South this newly renovated newsagency is located close to public transport and in between day-cares and schools.

andbull;Perfect for owner operator

andbull;No local competition from other newsagents

andbull;Large site roughly 150 sqm

andbull;Sales could be increased by expanding tobacco selection or opening up to parcel deliveries.

Summary »

  • Business Category: Retail
  • Business Sub Category: Newsagency/Tatts

Enquire

Ray White Business Sales
17/135 King St,
Sydney, NSW 2000

Phone: 1800 858 696

Douglas Aiken
Mobile: 0433 196 339

Matthew Holland
Phone: (1800) 858 696
Mobile: 0425 223 629

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