Hills District, Newsagency and Dry Cleaner
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-nowTo 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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