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Business Details
Code:
SD260
Business Type:
Newsagency
Area:
Hornsby/Hills Area
Established:
since 2005
Delivery Run:
yes
Reason for Sale: other business interests (consultancy)
      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

Goodwill $159,000
Fixtures & Fittings $ 40,000
Stock at Valuation $ 65,000 approx
Total Asking Price $264,000 approx

Asking Price:
$159,000 + F & F + SAV
 
For more information, please contact:
David Ferguson on 0412 488 295


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