Inner West
NSW
$140,000
Newsagency - RetailPrice: $350,000Net Profit: $4,239 |
Visit this listing at https://www.sbx.com.au/business?id=CB1436 |
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Business Code: CB1436 Key Features: Newagency - Retail - Excellent Lotto sales - South West Sydney - Nett $4239 pw State: NSW Location: Beautifully located, next to major supermarket, in busy shopping centre in bustling high growth area of South West Sydney. DescriptionNewsagency selling newspapers, magazines, greeting cards, stationery and lottery products. Strong sales of Opal cards, toys and gifts, confectionery and Western Union service. Agents for dry cleaning service and parcel collection / dropoff (Parcel Point, NParcel, Parcel Connect). Excellent Lotto sales ( 2022 ytd sales $1,556,076 with commission $176,767). No home delivery and minimal competition. Lotto counter just upgraded to digi post system. Summary
Weekly SummaryWeekly Takings (inc GST)$37,425Cost of Goods$31,078Gross Profit$6,347Rent$1,538Outgoings$330Telephone$20Insurance$30Electricity$40Misc1$150Total Expenses$2,108Estimated Stock (Additional)$70,000Net Profit$4,239Price$350,000 |
Contact SBXNSW (02) 9439 4403 QLD / VIC 1300 366 655 Email sales@sbx.com.au |
Newsagency - Retail
Business Code: CB1436Price: $350,000
+ Estimated SAV $70,000
Key Features: Newagency - Retail - Excellent Lotto sales - South West Sydney - Nett $4239 pw
State: NSW
Location: Beautifully located, next to major supermarket, in busy shopping centre in bustling high growth area of South West Sydney.
Parking: Shopping centre parking. .
Description
Newsagency selling newspapers, magazines, greeting cards, stationery and lottery products. Strong sales of Opal cards, toys and gifts, confectionery and Western Union service. Agents for dry cleaning service and parcel collection / dropoff (Parcel Point, NParcel, Parcel Connect). Excellent Lotto sales ( 2022 ytd sales $1,556,076 with commission $176,767). No home delivery and minimal competition. Lotto counter just upgraded to digi post system.
Summary
- Features: Well established business with very loyal customer base. Existing POS computer system, well set up for easy operation. Long established. Excellent location with strong passing foot traffic. Latest Lotto counter installed 2021. Great lease.
- Potential: High growth residential area. Sydney Intermodal Terminal project forecast to provide many jobs and business opportunities, with an increase in foot traffic within shopping plaza. Target Social Media.
- Premises: Superbly presented, clean and modern store, with total area of 80 sq.mts, with office and storage area.
- Trading Hours: 6.5 days, Monday - Wednesday & Friday/Saturday: 7.30 am to 6.00 pm. Thursday: 7.30 am to 7.00 pm. Sunday: 7.00 am to 1.00 pm.
- Lease: Current lease commenced January 2022 + 5 years option. Increase 4%. Bond 3 month bank guarantee.
- Employees: 1 owner + 1 owner part time.
- Sale Reason: Time to move on.
- Comments: Misc.1 = Merchant fees. Security provided by Centre Management, with inside premises covered by CCTV with remote access.
Disclaimer: The images shown are stock photos and are for illustrative purposes only and do not represent the actual business for sale. 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
$37,425
Cost of Goods
$31,078
Gross Profit
$6,347
Rent (ex GST)
$1,538
Outgoings
$330
Telephone
$20
Insurance
$30
Electricity
$40
Misc1
$150
Total Expenses
$2,108
Estimated Stock (Additional)
$70,000
Net Profit
$4,239
Price
$350,000
+ Estimated SAV $70,000
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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.
