Sellers Ref: (S1626)

Location: NSW - Sydney -East

Category: Newsagency and Tatts

Asking Price: $355,000
Sales revenue: Undisclosed
Net profit: Undisclosed
Furniture/Fixtures value: Undisclosed
Inventory/Stock value: Undisclosed

Retail - Newsagency - East SBX Business Code: S1626 Full newsagency selling newspapers, magazines, confectionery, cards, and tobacco etc. This newsagency covers a very lucrative and secure territory including hospitals, cafe and university. With such a large income from sub-newsagencies in their territory, this is one of the easiest to run newsagencies. Great potential as current owners do not have eftpos and lose approximately 15% additional in sales. An eftpos terminal will definitely increase turnover. Newsagency has a territory covering a large part of the Eastern Suburbs. Potential Extend trading hours. Can open later on weekends whilst surrounding cafes and restaurants trade. Two owners can nett $3680 per week by reducing wages. Features Very easy to run. Great cash flow business for owner operator. Very well established. Premises Well presented with an area of 110 sq.mts. including office and rear access for deliveries. Location Brilliant location in highly sought after area. Comments First to see will buy. Approximately 3000 newpaper deliveries p.w. Deliveries are handled by drivers. A neighbouring newsagency has also offered the paper run. http://www.sbx.com.au/record_detail.php?code=S1626

Employees: 1 owner + 2 parttime drivers.
Trading Hours:7 days - Mon. to Fri. - 6 a.m. - 6 p.m. - Sat. - 6 a.m. - 1 p.m. - Sun. - 6.30 a.m. - 12 p.m