ILW144 Illawarra Wollongong

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ILW144 Illawarra Wollongong UNDER CONTRACT

  • Great street position next  to Shopping Car Park.
  • A new 3×3 year lease.
  • The Lott nett income covers the rent plus much more.
  • H&W with no staff easily earn $146,354 p.a.
  • Goodwill including F&F $100,000 + S.A.V.

 

Unanderra Newsagency – Illawarra Area Wollongong 

Located in a very strong industrial as well as residential area. Unanderra has a residential population of over 5,400 inhabitants recorded in the 2021 census.   The area is well  respected for its heritage buildings such as the Catholic Church and the Syriac Orthodox Church with the Catholic Church opening in 1954 and the Syriac Church in 2007. Other attractive buildings include the former Municipal Council Building which now houses the local Community Centre opened in 1901.
Unanderra Newsagency is well placed within a great strip shopping area. This newsagency has presence and the Lott income pays the rent plus extra for wages and more.

Code – ILW144
Goodwill – $100,000
Fixtures & Fittings – Inclusive
Stock at Value – $25,000
Total Price – $125,000
Gross Profit – $224,594
Gross Rent – $29,423
Gross Wages – $NIL – run by owners
Other Expenses – $48,817
Owners Return – $146,354
ESTIMATED TOTAL PRICE: $125,000

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