Newsagency - Retail - Newsagency - Lower North Shore - 5 days - Low rent - Nets $2155 p.w. - M2205

Newsagency - Retail - Lower North Shore - Agent SBX Code Number: M2205

Retail newsagency mainly selling lotto, cards, magazines, stationery and newspapers etc. The takings include lotto and scratch sales average $13610 per week with 12% of commission $1633 per week. Currently only trading 5 days with short trading hours 930 a.m.-.6.p.m. ( Mon.- Fri. ) due to the vendors health problem.

Potential
Could restore normal trading hours 7 am to 6 pm ( Monday to Friday ) and 8 am to 2 pm. ( Saturday ) to increase sales. Could add tobacco products ( lease permitted ) and increase soft drink items to boost sales and profit.

Features
Great and busy location. - No competition. Easy to operate. - Short trading hours. New 5 years lease available with cheap rent. - Great growing potential. - Well priced.

Premises
Well presented shop with area of 55 m2.

Location
Top location in high foot traffic area of major shopping centre in Lower North Shore area.

Trading Hours
5 days - Monday to Friday - 930 a.m to 6 p.m.

Lease
New 5 years available without refurbish requirement. - 4% increases - 3 months bond.

Employees
One owner

Comments
Misc.- 1- Refers to lotto charge fee. Misc.- 2 - Accountant fees etc. Keen vendor wants to quick sale duo to heath reason. - A good buy opportunity. - The shop POS can be reviewed on meeting. - A must to inspect. Please be discreet when visiting the premises.

Figures
Weekly Sales $18000
Rent (ex GST) $770
Wages $0
Profit $2155

Agent SBX Code Number: M2205 - SBX Business Brokers

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