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Industry:  Retail  
Business Address: Forestville, Sydney, NSW, 2087, Australia

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AD ID: B191000010
Asking Price: AUD$250,000
Rent: AUD$5,742/month
Detail business type: Newsagency 
Business Ph: 02 9975 7284 
After hours ph:  
Contact Details
Name: Mr. Alan Amery
Advertising Nature: Private Seller 
Company Name: Forestville Newsagency 
Phone: 02 9975 7284 
Mobile:  
Fax:  
Email: forestvillenews1@bigpond.com 
Website:  
Postal Code: 2087 
Country: Australia 
Comments: Features
FORESTVILLE NEWSAGENCY FOR SALE

Location
Situated within a village a village style shopping centre with a major supermarket, cafes, bank, restaurants, library and a primary school opposite.

Description
Newsagency selling magazines, newspapers, stationery, cards, gifts and Opal cards. Lotto sales are approximately $970,000 per year with commission of $97,000. Figures show a profit of $180,000 for 2019.

Features
Well established business for over 35 years. Long lease and low rent. No paper deliveries or subagents.

Potential
There is an opportunity to expand gift lines and stationery. Suit a couple or family business.

Premises
Well presented shop mof approx 150m2 including office with plenty of storage. Back to baser alarm. Trading Hours 7 days per week, Mon-Fri 7.30-5.00, Sat-7.30-2.30, Sun-7.30-11.00. Closed public holidays.

Lease
5 year lease commencing 5 July 2016 with a 5 year option. Rent is fixed at $5742 including GST with no outgoings.

Staff
One owner work fulltime and one owner works 12 hours per weel supported by 3 casuals.

Price reduced to $250,000 only.

Contact Alan Amery Phone 02 9975 7284
email: forestvillenews1@bigpond.com
  • Busy Traffic Area
  • Excellent Location
  • Good Turnover
  • Huge Potential
  • Stock At Value(SAV)
  • Good Lease