Newsagency - Retail - Lotto

Business Code: F2546


Key Features: Well established

State: NSW

Location: Prime location in major Western Suburbs shopping centre.

Description

Newsagency selling magazines, newspapers, cards, stationery, confectionery etc. - Turnover includes $30,000 per week of lotto sales delivering income of approximately $120,000 per anum. Sub newsagency to major supermarket within shopping centre. - ..No deliveries only 1 subagent in centre.Fixtures included in asking price.

Summary

  • Features: New fitout.

  • Potential: To add other retail items subject to landlord approval.

  • Premises: This business has an area of approx. 105 square meters plus 6 square meters of lock up office space.Security lock up space for magazine delivery 4 square meters.

  • Trading Hours: 7 days - Shopping centre hours - late night Thursdays.

  • Lease: Current lease expires July, 2019 - 3 month bond - 5% annual increases.A new lease may be available.

  • Employees: Two owners working (only requires one person on a Tuesday)

  • Comments:

Weekly Summary

Weekly Takings
(inc GST)

$40,000

Rent

$2,317

Estimated Stock (Additional)

$60,000

Equipment (Included)

$60,000

Net Profit

$3,200

Price

$128,000

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