Why Work For Someone? Own Western Suburb Newsagency!

Price

$169,000

Profit *

Refer to Broker

Sales Revenue

Refer to Broker

Location

Sydney Region, Parramatta

Category

Retail, Newsagency

Listing #

NSW09491

Parramatta Newsagency Business for Sale

About this business for sale in Sydney Region, Parramatta

This News agency is in small shopping complex in a growing residential area (near Blacktown).

Currently owner operated.

Lease till 2021 plus 3year option. Very low rent. $4,070 inclusive of GST and outgoing

Rent from ATM 2500/month (Another provider offering $3250/month negotiation is on)

Lotto sales over 60,000plus per month.

Shop sale of over $10, 000.per month.

Open 7 days a week from 7AM till 6PM,

Full training provided and easy transition. (subject Lotto training and approval)

Clean, tidy shop and easy to run by single person.

This week spent over $20,000 on digital lotto system, fittings, display systems.

Monthly commitment is just under $1,950. including all expenses!

(with new ATM provider $1200/month, weekly just$300 Wow!)

This is WIWO opportunity as Vendor wants to retire.

Potential

Landlord approved for Post shop (subject to Aus post approval).

Add Ice cream.

Add jewellery and gift items (full residential area)

Add more stationaries.

Add electronics gadgets and mobile accessories.

Very good opportunity for owner operated, asking price is $169,000 plus SAV. for more information.

Owner takes $8,000 plus per month.

Ref: NSW09491

Please Contact:

Broker: Gilraj Venkatappa

Phone: 0401744199

Email: [email protected]

Listing Number:

To complete an online confidentiality agreement, visit this business at: http://www.linkbusiness.com.au/businesses-for-sale/ca/NSW09491/

The Purchaser to make his/her own investigations and inquiries in relation to the business and not to rely upon warranty or statement made by the vendor or by anyone on his/her behalf.

Note that details of the business for sale may be confidential and disclosure is subject to completing a Confidentiality Agreement and is at the discretion of the Broker.

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For reasons of confidentiality a stock photo image may be used to represent the business for sale.

*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.

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