Visit this listing at https://www.sbx.com.au/business?id=F2932

Business Code: F2932

Key Features: Top business

State: NSW

Location: Prime location with high pedestrian traffic and wide retail frontage in very busy shopping centre.

Description

Newsagency selling magazines, newspapers, confectionery, cards. etc. - High sales of lotto. -There are only two major sub newsagencies . - No other deliveries. -

Summary

  • Features: Three times award nomination for newsagency of the year NSW. - High ranking retailer of major card supplier in NSW. - Top newsagency stationery supplier in NSW. - High ranking sales turnover for lotto. - Full financial figures are available.
  • Potential: To add giftware. - Due to another news agency nearby closing in eight months time sales turnover should increase further.
  • Premises: Large modern fitout approximately 210 sqm in size.
  • Trading Hours: 7 days - Shopping centre hours but opening 8 a.m. in the mornings and closing 9 p.m. on Thursdays.
  • Lease: 5 year lease from Sept.2016 - 3 month bond - C.P.I. increases
  • Employees: One owner plus casuals as required.
  • Comments: Vendor owns 2 newsagencies in very close proximity to each other and is selling them together for $400,000 including stock of $150,000 to $180, 000 for both shops - Stock not included in the selling price is xmas stock 2017 and back to school stock 2018. - This business must be purchased with code F2740.

Weekly Summary

Weekly Takings (inc GST)

$65,351

Cost of Goods

$52,143

Gross Profit

$13,208

Rent

$6,463

Wages

$2,000

Telephone

$29

Insurance

$65

Electricity

$139

Misc1

$512

Total Expenses

$9,208

Estimated Stock (Additional)

$100,000

Net Profit

$4,000

Price

$200,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Newsagency - Retail

Business Code: F2932

Key Features: Top business

State: NSW

Location: Prime location with high pedestrian traffic and wide retail frontage in very busy shopping centre.

Description

Newsagency selling magazines, newspapers, confectionery, cards. etc. - High sales of lotto. -There are only two major sub newsagencies . - No other deliveries. -

Summary

  • Features: Three times award nomination for newsagency of the year NSW. - High ranking retailer of major card supplier in NSW. - Top newsagency stationery supplier in NSW. - High ranking sales turnover for lotto. - Full financial figures are available.
  • Potential: To add giftware. - Due to another news agency nearby closing in eight months time sales turnover should increase further.
  • Premises: Large modern fitout approximately 210 sqm in size.
  • Trading Hours: 7 days - Shopping centre hours but opening 8 a.m. in the mornings and closing 9 p.m. on Thursdays.
  • Lease: 5 year lease from Sept.2016 - 3 month bond - C.P.I. increases
  • Employees: One owner plus casuals as required.
  • Comments: Vendor owns 2 newsagencies in very close proximity to each other and is selling them together for $400,000 including stock of $150,000 to $180, 000 for both shops - Stock not included in the selling price is xmas stock 2017 and back to school stock 2018. - This business must be purchased with code F2740.

Weekly Summary

Weekly Takings
(inc GST)

$65,351

Cost of Goods

$52,143

Gross Profit

$13,208

Rent (ex GST)

$6,463

Wages

$2,000

Telephone

$29

Insurance

$65

Electricity

$139

Misc1

$512

Total Expenses

$9,208

Estimated Stock (Additional)

$100,000

Net Profit

$4,000

Price

$200,000

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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.