Visit this listing at https://www.sbx.com.au/business?id=CB1436

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.

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.
  • Comments:

Weekly Summary

Weekly Takings (inc GST)

$37,425

Cost of Goods

$31,078

Gross Profit

$6,347

Rent

$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

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Newsagency - Retail

Business Code: CB1436
Price: $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.