Visit this listing at https://www.sbx.com.au/business?id=F2546SF

Business Code: F2546SF

Key Features: Newsagency - Well established - Sales $40,000 p.w

State: NSW

Suburb: St Marys, 2760

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 annum. - 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 sq. mts. plus 6 sq. mts. of lock up office space. - Security lock up space for magazine delivery 4 sq. mts.
  • Trading Hours: 7 days - Shopping centre hours - late night Thursdays.
  • Lease: Current 7 year lease expires June, 2027 - 3 month bond - 4% annual increases.
  • Employees: Two owners working (only requires one person on a Tuesday)
  • Comments:

Weekly Summary

Weekly Takings (inc GST)

$40,000

Rent

$2,000

Outgoings

$463

Estimated Stock (Additional)

$60,000

Net Profit

$2,500

Price

$185,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Newsagency - Retail - Lotto

Business Code: F2546SF
Price: $185,000
+ Estimated SAV $60,000

Key Features: Newsagency - Well established - Sales $40,000 p.w

State: NSW

Suburb: St Marys, 2760

Location: Prime location in major Western Suburbs shopping centre.

Parking: Major carpark..

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 annum. - 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 sq. mts. plus 6 sq. mts. of lock up office space. - Security lock up space for magazine delivery 4 sq. mts.
  • Trading Hours: 7 days - Shopping centre hours - late night Thursdays.
  • Lease: Current 7 year lease expires June, 2027 - 3 month bond - 4% annual increases.
  • Employees: Two owners working (only requires one person on a Tuesday)
  • Sale Reason: Had enough.
  • Comments:

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

$40,000

Rent (ex GST)

$2,000

Outgoings

$463

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.