Sydney City Fringe
NSW
$158,000
Newsagency - RetailPrice: $80,000Net Profit: $1,920 |
Visit this listing at https://www.sbx.com.au/business?id=CB1090 |
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Business Code: CB1090 Key Features: Low rent State: NSW Location: Ideally located in near proximity to schools and only 500m to surf beach DescriptionNewsagency selling a wide range of products including papers, magazines, cards, office supplies, gifts, DVD's and toys. - Huge demand for cold drinks, ice creams and confectionery, and stocking cigarettes, milk, bread and everyday items. - Great returns from Lotto, and steady returns from ATM and phone cards - No deliveries. Stock $60000 extra to selling price . Summary
Weekly SummaryWeekly Takings (inc GST)$18,200Cost of Goods$14,800Gross Profit$3,400Rent$550Wages$770Telephone$40Insurance$45Electricity$75Total Expenses$1,480Estimated Stock (Additional)$30,000Equipment (Included)$35,000Net Profit$1,920Price$80,000 |
Contact SBXNSW (02) 9439 4403 QLD / VIC 1300 366 655 Email sales@sbx.com.au |
Newsagency - Retail
Business Code: CB1090
Price: $80,000
+ Estimated SAV $30,000
Key Features: Low rent
State: NSW
Location: Ideally located in near proximity to schools and only 500m to surf beach
Description
Newsagency selling a wide range of products including papers, magazines, cards, office supplies, gifts, DVD's and toys. - Huge demand for cold drinks, ice creams and confectionery, and stocking cigarettes, milk, bread and everyday items. - Great returns from Lotto, and steady returns from ATM and phone cards - No deliveries. Stock $60000 extra to selling price .
Summary
- Features: Excellent Lotto sales - Well established in area - Great range of products - Close to beach - Caters to a large local school population.
- Potential: Could install coffee machine - Suit couple - Expand sales area by removing back wall - landlord approved.
- Premises: Attractive older style air conditioned building recently refurbished with an area of 75 sq. mts.
- Trading Hours: 7 days - Mon. - Fri. - 6.00 a.m.- 5.00 p.m. - Sat. - 6.00 a.m.- 1.00 p.m. - Sun. - 6.00 a.m. - 11.00 a.m.
- Lease: New 3 + 3 year lease commenced Sept. 2020 - C.P.I. increases - Bond 1 month
- Employees: 1 fulltimer + 1 casual
- Sale Reason: Time to move on
- Comments: Lotto sales exceed 10,000 p.w. - Supplies 5 sub -agents - Tower computer system installed recently -
All stock is up to date. - CCTV installed plus alarm system - Fridges remain property of suppliers.
Disclaimer: Please note that the business information provided may be affected by COVID-19. Please speak to your broker for more information.
Weekly Summary
Figures include GST unless stated otherwise
Weekly Takings
$18,200
Cost of Goods
$14,800
Gross Profit
$3,400
Rent (ex GST)
$550
Wages
$770
Telephone
$40
Insurance
$45
Electricity
$75
Total Expenses
$1,480
Estimated Stock (Additional)
$30,000
Equipment (Included)
$35,000
Net Profit
$1,920
Price
$80,000
+ Estimated SAV $30,000
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The information contained on each individual business for sale has been gathered from the vendor or landlord and/or professional service providers and is believed to be accurate and current as at the date of publication. SBX Business Brokers provides no warranties of any nature are given, intended or implied and prospective purchasers must rely on their own enquiries and should verify the accuracy of information before proceeding.
