Newsagency - Retail - Convenience - Gifts - TQM1071

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$480,000

Description

Newsagency selling papers, magazines, office supplies, art supplies plus a delightful mini mart fully stocked with a huge variety of convenience lines, fruit and vegetables, soft drinks, toys and much more. - This thriving business is the towns major mini mart with minimum opposition.

Potential

Should introduce lotto and powerball sales as currently not sold.

Features

Beautiful country lifestyle - Regular client base - No competition. - Well presented premises.

Premises

Large store situated in centre of main street with an area of 300 sq. mts. - Newsagency in front with mini mart at rear.

Location

Situated in one of the most visited tourist towns in North Coast N.S.W.

Trading Hours

7 days - Mon. - Fri. - 7 a.m.- 5.30 p.m. - Sat. - Sun. - 8 a.m. - 5 p.m.

Lease

New lease can be negotiated - 5 + 5 if required - 2.2% C.P.I. increases - Bond 4 weeks rent

Employees

2 owners + 12 casuals

Comments

Perfectly situated in a strong growth area and in a major NSW tourist site, this busy towns one stop shop represents a golden opportunity - Owners are in need of a break after 19 years of trade but are prepared to assist for a smooth transition. - Long lease available. - Inspect now - Genuine inquiries only.

SBX ID

TQM1071

Figures
  • Takings: $33000/week (GST)
  • Cost of Goods: $24430
  • Gross Profit: $8570
  • Rent: $950
  • Wages: $2250
  • Telephone: $100
  • Insurance: $220
  • Electricity: $400
  • Misc 1: $250
  • Misc2: $300
  • Total Expenses: $4470
  • Nett Profit: $4100
  • Equipment (Included): $50000
  • Estimated Stock (Additional): $100000
  • All other values ex GST
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