Newsagency for Sale

CODE	SD279
BUSINESS TYPE	Newsagency
AREA	Between Chatswood and North Sydney
BUSINESS ESTABLISHED	30 years approx (not always at this address)
LEASE REMAINING	2 + 3 + 3 + 3
APPROXIMATE RENT (excluding G.S.T)	$40,000 per annum
TRADING HOURS - Mon to Fri	7am to 6pm
TRADING HOURS - Sat & Sun	Sat: 7.30am to 2pm Sun: 8am to 12 noon
AVERAGE TURNOVER	contact us for details
DELIVERY RUN	yes, done by owner
NUMBER OF STAFF	Nil - only vendors
REASON FOR SELLING	Relocating overseas
GENERAL INFORMATION	Excellent location in lovely neighbourhood shopping centre Prestige area on Sydney North Shore. Regular customer base IGA, post office, cafe and other shops in the centre. School across the road Full lotto which has recently been upgraded Due to the relaxed nature of the business, the owners do not employ external staff - all profit goes to them This superb business gives an excellent return for a couple / family. Ideal as a first business Goodwill reduced to $195,000
BANK FINANCE	Bank finance may be available to approved purchasers. Providing you have cash or equity in a property to the value of (50% approx), you may be able to purchase this excellent business.
ASKING PRICE	Goodwill $195,000 Fixtures & Fittings $ 20,000 Stock at Valuation $ 35,000 estimate Total Asking Price $250,000 estimate