Hills District, Newsagency and Dry Cleaner

Price: $180 000 Plus Dry Cleaning Machine (Est $100k) Plus Newsagent Stock Location: Hills, NSW Ref: 4765198
Agent:
Bruce Irvine
Agent Phone:
Office Phone:
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Business Headline :
Hills District, Newsagency and Dry Cleaner
Price :
$180 000 Plus Dry Cleaning Machine (Est $100k) Plus Newsagent Stock
Category :
Retail, Services, Newsagency/Tatts, Office Supplies, Cleaning
Full Description :

Located in a busy suburban shopping strip, this business has been in the same location for over 20 years. 

The newsagency has Lotto takings of approx $550k p.a. Other revenues are generated through strong newspaper sales as well as sub agency and outsourced delivery.  

Last year, the owner invested in a dry cleaning machine and associated equipment at a cost of $150,000 and has adapted the shop to accomodate both the newsagency and the dry cleaning business. Two businesses in the same rental space – genius!

The dry cleaning side of the business has been steadily growing and with some focused local marketing could become a strong earner.

This is a great opportunity for someone to grab two businesses in one. Or buy both and sub-let either the newsagency or dry cleaning.

Don’t hesitate, enquire today.

 

To receive further information please complete the below registration: http://www.abbagroup.com.au/?p=4765198#enquire-now

To receive further information please complete the below registration: https://www.abbagroup.com.au?p=4765198#enquire-now

Annual Rent : $70,362 - Weekly Rent : $1,353

Annual Turnover : $1,076,176 - Weekly Turnover : $20,696

Annual Gross Profit : $215,890 - Weekly Gross Profit : $4,152

Annual Ebit : $91,987 - Weekly Ebit : $1,769

Premise : Leased

Lease Commencement : Oct 2015

Lease End : Oct 2020

Lease Option: 3 years

Total Floor Area : 80 Square Metres

Total No of Parking : 1

Franchise : No

Approximate Stock Value : $30,000

Days Trading : 7

Staff : - 2 Casual

Staff Salaries : $27,625

Reason for Sale : Emigration

Business Potential : Grow dry cleaning sales, increase gift sales

Parking Comments : 1 car - Ample Parking for customers - shopping centre parking

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