Industry:
Retail
Business Address:
49 Tower Street, Panania, NSW, 2213, Australia
Click on pics to enlarge.
AD
ID:
B230600011
Asking
Price:
AUD$89,000
Rent:
AUD$770/week
Detail
business type:
Newsagency
Business
Ph:
0411 114 608
After
hours ph:
Contact Details
Name:
Mr. William Lay
Advertising
Nature:
Private Seller
Company
Name:
Panania Newsagency
Phone:
0411 114 608
Mobile:
Fax:
Email:
wil.curtis21@gmail.com
Website:
Suburb/State:
Panania / NSW
Postal Code:
2213
Country:
Australia
Comments:
Features
PANANIA NEWSAGENCY FOR SALE-BIG POTENTIAL AND LOW RENT
The Panania Newsagency is located at the top of the main street of Panania and has been operating since the 1950's. This newly renovated shopfront is situated on a busy main intersection and surrounded by other successful businesses, office blocks, houses and apartments. This results in strong vehicle throughfare and foot traffic 7 days per week. The shop is currently running as a standalone Newsagency and Lotto agent.
The shop area is a spacious 143m2 with the shopfront area being 82m2 and a back office, storeroom and kitchen. Providing the potential owners plenty of floor space to bring something fresh and exciting to the area.
There is currently a big opportunity to provide take away coffee's to service the many residence and offices at the top of the hill. In addition, the area has also been craving for a new and exciting takeaway style food option which we had planned to provide through our 'Banh Mi'/Sandwich concept.
Features:
* Low Rent $770 per week (Rear Workshop/Garage sub leased for $270 per week)
* Weekly Average Gross Sales $17,700
* Lotto Sales $781,450
* Sale of Goods & Other Revenue - $122,600
* Net Profit – $43,400
* CDC Approval for a Banh Mi/Sandwich Bar + Takeaway Coffee Business
* Newly renovated 82m2 shop front
This business is currently running passively and completely with 1x Permanent Manager and 3x Casual Staff.
Current services and revenue generators
* The Lott Lotery Agent
* Stationary + News Agent
* Parcel Pick up + Drop off services
* Printing and Copy Services
* Snacks and Drinks
* Gifts
* Confectionary
The current owner is reluctant to sell due to other business commitment, price only $89,000 Leasehold Stock Included.
For further details, please contact William 0411 114 608.
Email: wil.curtis21@gmail.com
