Newcastle Area
NSW
$105,000
Newsagency - Retail - LottoPrice: $185,000Net Profit: $2,500 |
Visit this listing at https://www.sbx.com.au/business?id=F2546 |
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Business Code: F2546 Key Features: Newsagency - Well established - St Marys - Sales $40,000 p.w State: NSW Location: Prime location in major Western Suburbs shopping centre. DescriptionNewsagency 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.Vendor is reducing the size of the shop to reduce the rent.Fixtures are included in the selling price A new $35K lottery upgrade is due and this will be done by the current vendor and the cost is included in the selling price. Summary
Weekly SummaryWeekly Takings (inc GST)$40,000Rent$2,872Estimated Stock (Additional)$60,000Net Profit$2,500Price$185,000 |
Contact SBXNSW (02) 9439 4403 QLD / VIC 1300 366 655 Email sales@sbx.com.au |
Newsagency - Retail - Lotto
Business Code: F2546
Price: $185,000
+ Estimated SAV $60,000
Key Features: Newsagency - Well established - St Marys - Sales $40,000 p.w
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.Vendor is reducing the size of the shop to reduce the rent.Fixtures are included in the selling price A new $35K lottery upgrade is due and this will be done by the current vendor and the cost is included in the selling price.
Summary
- Features: Great location - easy operation .
- 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, 2020 - Now 3 month bond - 5% annual increases.A new lease may be available to a suitable purchaser.
- Employees: Two owners working (only requires one person on a Tuesday)
- Sale Reason: Had enough.
- Comments:
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
$40,000
Rent (ex GST)
$2,872
Estimated Stock (Additional)
$60,000
Net Profit
$2,500
Price
$185,000
+ Estimated SAV $60,000
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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.
