CODE SD260
BUSINESS TYPE Newsagency
AREA Hornsby - Hills  Area
LEASE 10 years; expires 2015
TRADING HOURS - Week Days 7am to 7pm (closes 8pm Thurs)
TRADING HOURS - Weekends 7am to 5pm Sat & 8am to 4pm Sun
DELIVERY RUN yes, operated by staff
ESTABLISHED since 2005
REASON FOR SELLING new consultancy opportunity for vendor
GENERAL INFORMATION

Superb near new (2005) shopping centre, with ample parking

Sales are still growing!  Total Lotto commissions increased 15.2% in 2007/8 versus 2006/7, and 9.1% in 2008/9 to date versus 2007/8..

The newsagency is located near the entry to a Woolworths store, next to the lift, and is approx 140 sq metres in total size, incl a small office.  There is also a storeroom / newspaper wrapping room of about 10 sq metres in the basement.

The newsagency territory of the shop is extensive (territory map available).  Home deliveries are currently conducted by staff. Deliveries - 40 papers Mon-Fri, and 355 papers on Sat, & 405 on Sun.

The rent includes the storeroom in the basement and outgoings include the air-conditioner.

There are seven subagents

Bank finance to approved purchasers

ESTIMATED SALES & Commission (Approx)
(based on 2007 - 08 data)
Shop $12,000 p.w
Commission $1,700 p.w
ASKING PRICE Goodwill                      $159,000

Fixtures & Fittings    $ 40,000

Stock at Valuation    $ 65,000 approx

Total Asking Price    $264,000 approx

For more information on this business, please contact: 
David Ferguson on 0412 488 295
 

david@businesses.net.au


Sydney Business Sales Pty Ltd
Licensed Business Brokers - since 1997
Grosvenor Business Centre
16-18 Grosvenor Street, Sydney 2000
 

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