68 Terralong Street, Kiama NSW

For Sale

Retail

SOLD + GST

220m2

    • Brochure [ File 1 ]
    • Franchise No
    • Staff Full Time 2
    • Staff Casual 4
    • Annual Turnover 1148524
    • Annual Gross Profit 393692
    • Annual Ebit 139672

Business Headline : Kiama Newsagency - only $220,000 +. stock! No home deliveries


Price : $220,000


Category : Retail, Newsagency/Tatts, Office Supplies


Situated in the centre of Kiama, only 120 km south of Sydney, this growing newsagency has no home deliveries!


High margin categories of stationery, cards & gifts all grew last year, and Lotto expanded by 8.9%.


Huge tourist driven trade can be further capitalised with increased sales of souvenirs & gifts.


NO HOME DELIVERIES!


Large 220 sq m premises, low rent, long lease.


Lotto sales ranking in NSW has increased 5 years in a row!


Net profit $2,686 per week


Prce only $300,000 for goodwill, fixtures & Fitinngs and stock. NO OFFERS at that price, sorry.


To receive further information please complete the below registration: http://www.abbagroup.com.au/?p=3138782#enquire-now

Annual Rent : $95,056 -
Weekly Rent : $1,828


Annual Turnover : $1,148,524 -
Weekly Turnover : $22,087


Annual Gross Profit : $393,692 -
Weekly Gross Profit : $7,571


Annual Ebit : $139,672 -
Weekly Ebit : $2,686


Premise : Leased


Lease Commencement : Jan 2013


Lease End : Jan 2018


Lease Option:
5 years


Total Floor Area : 220 Square Metres



Franchise : No


Approximate Stock Value : $80,000


Year Purchased : 2003


Year Established : 1966


Days Trading : 7


Staff :
2 Full Time - 4 Casual


Staff Salaries : $99,996


Additional Notes : Name of Newsagency and Price MUST be displayed on all sites (as per Leura Newsagency listing). Aust Business for Sale and Business for Sale sites NOT to have ABBA contact details - refer Anthony


Reason for Sale : Retirement


Location : In the centre of Kiama, the iconic seaside town, just 120 km south of Sydney.


Business Potential : Huge tourist trade can be further capitalised with increased sales of souvenirs & gifts


Parking Comments : car - Street parking out front + carpark behind shop