Food/Hospitality for sale
Newsagency - Newcastle Area
\nNewsagency - Newcastle Area - Agent SBX Code Number: M1615
Full newsagency selling newspapers, magazines, cards, books, stationery, postage etc. -Lotto sales $800k - Newsagency and magazine yearly profit is $150k.
Ideal for owner operator or investor.
Low rent. Solid income. No competition. Loyal customers.
Well presented shop with an area of 144 sq. mts.
Good location in shopping village.
6.5 days. - Mon. - Fri. - 500 a.m. - 600 p.m. - Sat. - 600 a.m.- 400 p.m. - Sun. - 600 a.m.-1200 p.m.
5 + 5 year lease commenced 2011. - C.P.I increases - 3 month bond.
2 owners plus staff.
The above figures shown are based on 2 fulltime owners working in the business. - Current parttime working owner pays $4000 wages per week. - Full financial figures available. - The lotto commission of $75,252 can cover yearly rent.
Weekly Sales $40000
Rent (ex GST) $1000
Agent SBX Code Number: M1615 - SBX Business Brokers
- Business Category: Food/Hospitality
- Business Sub Category: Takeaway Food
- Business Lease: $26,000.00
- Attached Dwelling: YES
- Copy Of Title: 1
- Expenses: $10000
- Earnings Before Interest Tax: $1100000
- Business Selling Price: $300000
- Business Property Price: $300000
- Property Selling Price: 300000
- Trading Hours: 9am-5pm mon-fri.
- Franchise Agreement Fees: NO