Industry:
Retail
Business Address:
Kingsford, Sydney, NSW, 2032, Australia
Click on pics to enlarge.
AD
ID:
B110700016
Asking
Price:
AUD$494,600
Rent:
Detail
business type:
Newsagency
Business
Ph:
After
hours ph:
Contact Details
Name:
Mr. Manoj
Advertising
Nature:
Private Seller
Company
Name:
Phone:
0450 412 511
Mobile:
0450 412 511
Fax:
Email:
newsagencyno1@gmail.com
Website:
Suburb/State:
Kingsford / NSW
Postal Code:
2032
Country:
Australia
Comments:
Features
NEWSAGENCY FOR SALE
Successful Newsagency located in affluent eastern suburb of Sydney with no delivery run. It is close to Sydney CBD, Coogee, Maroubra, UNSW and is situated at the areas major bus stop leading to high pedestrian traffic with strong repeat as well as walk in trade. Well established for many years in the same location, it has achieved a lot of respect in the community and is very popular with the locals. Lease includes Retail space + Office and storage space + 1 bedroom residence upstairs + 1 double + 1 single lock up garage.
This Newsagency sells stationary, newspapers, magazines, soft drinks, greeting cards, confectionary, cigarettes, and wide range of foreign language news papers amongst many other retail lines. There are also six profitable subagents for magazines. With no delivery run, the business will allow new owners to focus on profitable retail trade.
This business is the largest agent of Lotto, State Transit Authority and Western Union Money transfer in the wider area. There are no contracts with greeting card companies providing flexibility to new owners. With no early morning newspaper delivery, this business is easier to manage than your average Newsagency, family friendly yet having high profitability and turnover.Net weekly profit 3800, Total price GW $494,600+ FF (40000 + equipments 10000 )+ SAV.