Internal Ref: B14314
Summary
This business is in a great location in the heart of a busy shopping Centre, with lots of foot traffic and ample parking right at the main entrance where this store is located.
Revenue
$850,000 pa
Rent
$79,200 pa
Location Details
Great Shopping Centre location
Growing area
Lots of foot Traffic
Potential
Potential to expand business
Skills
No Special skills required
Hours
7 Days:
Mon - Fri: 7:30am – 5:30pm
Sat: 8am – 5:30pm
Sun: 8:30am – 3pm
Lease
10 years left on a 15 year lease
Employees
1 FT owner, 3 PT Owner - Ideal for family
Reason for Sale
Too far to travel for Owner
About the Business
Key Features:
- Newsagent, cards, magazines, gifts and more
- Prime location near the entrance to a busy shopping mall
- Beautifully Presented
- Takings of $850,000 PA
- Good spread of income between products
- 40% Card sale (High-Profit Margins of about 300%)
- 25% Magazines at 85% profit margin
- 15% gifts and other products and services (100+% mark-up)
- 20% Stationary (80-120% mark up)
- 1 Working owner with 3 Staff
- Ideal Family business
- Very easy to run
- Long secure lease in place.
Are you ready for a new lifestyle opportunity?
This business is in a great location in the heart of a busy shopping Centre, with lots of foot traffic and ample parking right at the main entrance where this store is located.
To find out more about this unique Newsagency for Sale, CALL Phil Booysen NOW on 0429 006 921
Ref: B14314
History
15 odd years: 6 years with current owner
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