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SoldGreat newsagency on busy rd, low rent with two bedroom flat. Vaucluse. Sydney

SELLING PRICE

$35,000.00

LISTING AGENT

ANGELO  FOURNARIS

OVERVIEW

  • Listing ID 2022
  • Price $35,000.00
  • Categories Newsagency

Details

For sale $35,000, plus stock walk in walk out. 

News agency store located in Sydneys Eastern suburb, Vaucluse within a boutique exclusive position surrounded by residential and suburban retails shops. Also inclusive of two bedroom flat, one bathroom and kitchen with rear seperate access, undercover and off street parking for two. 

Currently open 6 days, Monday till Friday 8am till 5pm and Saturday 7.30am till 1pm.  Sunday closed. (which is not ideal for early commuters who need their travel tickets, etc). Not to mention missing out on Sunday trade as current owner chooses not to open on Sundays.

Potential to expand, convenience store, giftware and coffee aspects of the business to maximise the space. 

A basic rearrange and facelift of the current shelving and display will significantly make the store more attractive to the high volume of customers. 

Currently selling your typical newsagency items such as newspaper, magazines, greeting cards, stationery, lottery tickets, travel tickets, cigarettes. Also has a drink display, confectionery display and on- the- wall shelves for some convenience items.

Potential to expand for a dry-cleaning subagency service (dop-off and pick up only) which has a high margin profit. 

This News agency has been established for many years.  

New secured lease available on offer with good rental for the area and space ($1000 per week plus outgoings) 

Solid turnover $8000 per week and $1500 per week profit approx average for 6 days trading only.

One person operation business, it would also suit a husband and wife team so the business can expand.

CLICK THE GREEN CONFIDENTIALITY AGREEMENT BUTTON TO RECEIVE MORE INFORMATION OR CONTACT THE AGENT

Angelo Fournaris

0410 544347 

angelo@networkinfinity.com.au


Disclaimer 

The financial information and statements relating to the above business has been prepared based solely on the information supplied by the vendor to Network Infinity and therefore Network Infinity does not guarantee the accuracy of such statements and financial information. Network Infinity will not be liable for such statements and financial information. Network Infinity strongly recommends all prospective buyers to this business to seek its own independent accounting, legal and financial advice and conducts its own due diligence of the business. Image used only for illustrative purpose to protect the seller's privacy. It is in no way representative of the actual business or it's products.

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