HBB Hodge Business Brokers

3 Tinonee Crt. Mackay  Qld. 4740

Phone (07) 49533861   0427 879 672 Fax: (07) 49530947

 

 

Reference Number       003

 

Newsagency & Casket Agency

Approximate Address                       Mackay Area

Turnover                                           $400,274

Net Profit                                          $52,619

Asking Price                           $175,000

S.A.V (Stock at Valuation)              $30,000

Tenure of  Premises                         Lease

Lease Term                                      01/11/2003 + 3 Yrs

Rental Cost                                      $2,100 / Mth

Business has operated for                30 Yrs

Present owners has operated for      8 Yrs

Normal Trading Hours                    5 Am To 6 Pm (7 Days)

Number of Permanent Staff            

Number of Casuals                          As Required

 

Comments:

 

Ideally located in the Main Street with ample parking  and huge walk past and vehicle traffic.

The Newsagency is very well known and respected in the local community.

The newsagency has a paper delivery run which encompasses the local area. The run takes about 1 hour and is normally done at 9.30 am Monday to Friday.

The business has Gold Lotto &  Casket which contributes to about  1/2 of the income to the business.

 

The Plant & Equipment includes all shelving, fixture & fittings in the shop, cash register, safe and a refrigerator. All necessary equipment to run the business is included in the sale price.