South Sydney
NSW
$480,000
Newsagency - RetailPrice: $198,000Net Profit: $2,733 |
Visit this listing at https://www.sbx.com.au/business?id=F3004 |
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Business Code: F3004 Key Features: Newsagency - Sales $25,000 p.w - Retail - City Fringe - Nsw Net $2733.00 p.w State: NSW Location: Prime street front location close to major railway station in the City fringe. DescriptionNewsagency selling a huge selection of magazines, all the daily papers, greeting cards, drinks, confectionery, cigarettes, opal cards, phone recharge vouchers, wrapping paper and many other stationery items. - Deliveries are minimal and under 100 per day. - Lotto income is approx. $63000 per annum. - Weekly sales include approximately $9000 of lotto sales.The asking price is negotiable. Summary
Weekly SummaryWeekly Takings (inc GST)$25,000Cost of Goods$21,202Gross Profit$3,798Rent$843Telephone$23Insurance$58Electricity$62Misc1$79Total Expenses$1,065Estimated Stock (Additional)$40,000Net Profit$2,733Price$198,000 |
Contact SBXNSW (02) 9439 4403 QLD / VIC 1300 366 655 Email sales@sbx.com.au |
Newsagency - Retail
Business Code: F3004
Price: $198,000
Key Features: Newsagency - Sales $25,000 p.w - Retail - City Fringe - Nsw Net $2733.00 p.w
State: NSW
Location: Prime street front location close to major railway station in the City fringe.
Description
Newsagency selling a huge selection of magazines, all the daily papers, greeting cards, drinks, confectionery, cigarettes, opal cards, phone recharge vouchers, wrapping paper and many other stationery items. - Deliveries are minimal and under 100 per day. - Lotto income is approx. $63000 per annum. - Weekly sales include approximately $9000 of lotto sales.The asking price is negotiable.
Summary
- Features: Established many years. - Low rent - Same owner 16years. - Regular customers.
- Potential: There is potential to add other stock items to the existing stock inventory held.
- Premises: These premises are clean and very tidy with an area of 75 sq. mts.
- Trading Hours: 6.5 days - Mon. - Fri. - 5.30 a.m. - 5 p.m. -Sat. - 6 a.m. - 3 p.m. - Sun. - 6 a.m. - 11 a.m.
- Lease: A new 3 year lease commenced Oct. 2014 + a further three year option - 1 month bond.
- Employees: The business is operated by a husband and wife team.
- Sale Reason: Owners want to retire.
- 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
Weekly Takings
(inc GST)
$25,000
Cost of Goods
$21,202
Gross Profit
$3,798
Rent (ex GST)
$843
Telephone
$23
Insurance
$58
Electricity
$62
Misc1
$79
Total Expenses
$1,065
Estimated Stock (Additional)
$40,000
Net Profit
$2,733
Price
$198,000
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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.
