Newsagency - Retail - Convenience - Gifts - Newsagency - Northern Rivers NSW Area - Sales $33,000 p.w - Profit $4100.00 p.w - TQM1071
Newsagency - Retail - Convenience - Gifts - Newsagency - Northern Rivers NSW Area - Sales $33,000 p.w - Profit $4100.00 p.w - TQM1071
Industry :
RetailSub Industry :
Newsagency/TattsNewsagency - Retail - Convenience - Gifts - North Coast NSW - Agent SBX Code Number: TQM1071
Newsagency selling papers, magazines, office supplies, art supplies plus a delightful mini mart fully stocked with a huge variety of convenience lines, fruit and vegetables, soft drinks, toys and much more. - This thriving business is the towns major mini mart with minimum opposition.
Potential
Should introduce lotto and powerball sales as currently not sold.
Features
Beautiful country lifestyle - Regular client base - No competition. - Well presented premises.
Premises
Large store situated in centre of main street with an area of 300 sq. mts. - Newsagency in front with mini mart at rear.
Location
Situated in one of the most visited tourist towns in North Coast N.S.W.
Trading Hours
7 days - Mon. - Fri. - 7 a.m.- 5.30 p.m. - Sat. - Sun. - 8 a.m. - 5 p.m.
Lease
New lease can be negotiated - 5 + 5 if required - 2.2% C.P.I. increases - Bond 4 weeks rent
Employees
2 owners + 12 casuals
Comments
Perfectly situated in a strong growth area and in a major NSW tourist site, this busy towns one stop shop represents a golden opportunity - Owners are in need of a break after 19 years of trade but are prepared to assist for a smooth transition. - Long lease available. - Inspect now - Genuine inquiries only.
Figures
Weekly Sales $33000
Rent (ex GST) $950
Wages $2250
Profit $4100
Agent SBX Code Number: TQM1071 - SBX Business Brokers
SBX Business Brokers is one of the largest business brokers in Australia servicing Sydney, Melbourne, Brisbane and the Gold Coast. With over 30 years of experience, you can be assured that SBX will provide you with a premium service.
Headed by Colin Bennie and an extensive team of multi-lingual brokers, SBX will match the right business with the right buyer. Our team will personally take on each business and market it individually, as well as handle all of the details of meetings and inspections. SBX will assist you in understanding all of the legal requirements, rental bonds, insurance and other requirements that may relate to selling or purchasing a business in Australia.
SBX sells all manner of businesses from small owner-operator businesses to franchises and multi-million dollar businesses.
To find out more about how SBX Business Brokers can assist you, simply register online or contact the office.
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$480,000 + SAV
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These include:
Ensure the seller is 100% verified by us!
Can you afford the business? Do you need financing to assist with the purchase?
Have you done enough research? Complete some industry analysis, research competitors, verify revenue figures and so on!
Ask the seller some questions - why are they selling, will they be providing customer/supplier databases, what assets other than the physical business will be including (marketing materials etc), are their tax records and financial statements up to date and verified - this is your chance to pick the seller’s brain!
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Typically, NDAs are often mutual - meaning, just as you're agreeing to keeping the seller's business information confidential, the seller must also offer that same level of confidentiality to keep your information private. Another thing to look out for is non-solicit provisions. If a seller has this clause in their NDA, you are prohibited from soliciting any of their clients or employees for yourself or your company for around 1-2 years.
Once you’ve done your due diligence and you’re satisfied, you can make an offer directly to the seller in the Deal Room where a transaction can be done. From start to finish, the entire business transaction can be done through the Eden Exchange platform.
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