Property Image
Newsagent
For
Sale
For
Sale
Palm Beach
Building: 120m2
Price:
250000
Property Id:
972

972-Long Established Newsagency in The Middle of Residential Developments

Property Image
For
Newsagent
Long Established Newsagency in The Middle of Residential Developments

Overview

With the history of more than 30 years since itsestablishment, this newsagency plays an indispensable role in the surrounding community.

On top of the usual key categories such as newspapers,magazines, stationery, greeting cards, etc., they offer lottery products andtobacco products.pa

Additional services offered are key cutting, ATM,Australia Post Post Point services, Hubbed Parcel Point services and Go Cardtop-ups, etc.

Business owner currently mainly works for weekends,thus, a new business owner who can work longer hours can not only cut theoperating cost but also create more efficient operation.

Opening hours

7 days/week

Monday – Friday: 6am – 6 pm

Saturday: 7 am – 5 pm

Sunday: 7am – 12 noon

Key points:

·        Size of premises: 78 m2

·        Lease: new lease of 7 years starting inJuly 2026 with an option of 7 years

·        June payment to landlord: $7,836.97 includingoutgoings, promotion and GST.  Annualincrease of 3.5% applies.

·        Staffing: Business owner and two to three casualstaffs

·        Total sales for the financial year 2025:$1,379,000

·        Total net income before income tax for thefinancial year 2025: 119,000

Asking price: $250,000 + SAV ($60,000 -$70,000, estimate)

For further information about this business, pleasecomplete the Purchaser Registration and Confidentiality Agreement by clickingForms/Business on www.forceonerealty.com:or

Please call Sunny on 0433 690 326

(The image used is for display purposes only and doesnot reflect the business advertised for sale.)

 

CONTACT

Agents

Sunny Yu

+61 433 690 326
sunny@forceonerealty.com
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Confidentiality Agreement Purchaser Registration Form

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