Visit this listing at https://www.sbx.com.au/business?id=CB1391

Business Code: CB1391

Key Features: Long Established - Sales $50,975 p.w.

State: NSW

Location: Prominent location in large thriving village shopping centre in well developed residential area of Southwest Sydney.

Description

Newsagency extending over two shops selling a diverse range of products including newspapers, magazines, John Sands cards, books, calendars, cigarettes, giftware, toys and stationery - Also stocking religious items, phone accessories, printer cartridges and supplying email, fax, photocopying and parcel services - Very strong Lotto sales from 2 x terminals with sales exceeding $2.0m per year - YTD figures show 9.7% increase over last year - Computer software is POS solutions.

Summary

  • Features: Strong local support - Excellent Lotto sales - Great position - Very long established - Diverse product range.
  • Potential: Emphasise strong gift range - Increase book availability - Target on line sales - Promote website.
  • Premises: Well presented open plan premises with concrete ceiling - Rear entrance available.
  • Trading Hours: 7 days - Mon. - Wed. - Fri. - 5.00 a.m. - 6.00 p.m. - Thurs. - 5.00 a.m. - 7.30 p.m. - Sat.- 6.30 a.m. - 2.00 p.m.- Sun.- 6.30 a.m. - 12.00 p.m.
  • Lease: Freehold is owned by vendor and offers new 5 + 5 year lease - Rent $1700 p.w. + GST ( Includes outgoings) - C.P.I.increases- Bond 1 month.
  • Employees: 2 owners + 3 casuals.
  • Comments: Misc.- 1- Lotto terminal hire fees - Misc.- 2 - Merchant fees - Energy efficiency program included fitment of 24 solar roof panels - Member of Buying Group with monthly fees usually offset by rebates - Lotto counter upgrade due by June 2020 (est cost $10,000) -

Weekly Summary

Weekly Takings (inc GST)

$50,975

Cost of Goods

$44,220

Gross Profit

$6,755

Rent

$1,700

Wages

$915

Telephone

$80

Insurance

$85

Electricity

$105

Misc1

$575

Misc2

$160

Total Expenses

$3,620

Estimated Stock (Additional)

$140,000

Equipment (Included)

$75,000

Net Profit

$3,135

Price

$390,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Newsagency - Retail

Business Code: CB1391
Price: $390,000

Key Features: Long Established - Sales $50,975 p.w.

State: NSW

Location: Prominent location in large thriving village shopping centre in well developed residential area of Southwest Sydney.

Description

Newsagency extending over two shops selling a diverse range of products including newspapers, magazines, John Sands cards, books, calendars, cigarettes, giftware, toys and stationery - Also stocking religious items, phone accessories, printer cartridges and supplying email, fax, photocopying and parcel services - Very strong Lotto sales from 2 x terminals with sales exceeding $2.0m per year - YTD figures show 9.7% increase over last year - Computer software is POS solutions.

Summary

  • Features: Strong local support - Excellent Lotto sales - Great position - Very long established - Diverse product range.
  • Potential: Emphasise strong gift range - Increase book availability - Target on line sales - Promote website.
  • Premises: Well presented open plan premises with concrete ceiling - Rear entrance available.
  • Trading Hours: 7 days - Mon. - Wed. - Fri. - 5.00 a.m. - 6.00 p.m. - Thurs. - 5.00 a.m. - 7.30 p.m. - Sat.- 6.30 a.m. - 2.00 p.m.- Sun.- 6.30 a.m. - 12.00 p.m.
  • Lease: Freehold is owned by vendor and offers new 5 + 5 year lease - Rent $1700 p.w. + GST ( Includes outgoings) - C.P.I.increases- Bond 1 month.
  • Employees: 2 owners + 3 casuals.
  • Comments: Misc.- 1- Lotto terminal hire fees - Misc.- 2 - Merchant fees - Energy efficiency program included fitment of 24 solar roof panels - Member of Buying Group with monthly fees usually offset by rebates - Lotto counter upgrade due by June 2020 (est cost $10,000) -

Weekly Summary

Weekly Takings
(inc GST)

$50,975

Cost of Goods

$44,220

Gross Profit

$6,755

Rent (ex GST)

$1,700

Wages

$915

Telephone

$80

Insurance

$85

Electricity

$105

Misc1

$575

Misc2

$160

Total Expenses

$3,620

Estimated Stock (Additional)

$140,000

Equipment (Included)

$75,000

Net Profit

$3,135

Price

$390,000

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