Visit this listing at https://www.sbx.com.au/business?id=F3294

Business Code: F3294

Key Features: Newsagency - Sale $17000 pw Upper Nth shore NSW Same owner 13 yrs low rent

State: NSW

Location: Prime street front location in small strip shopping centre in Upper North Shore

Description

Newsagency selling newspapers, magazines and similar publications, greeting cards, stationery, lottery and opal cards. - They provide a delivery service for newspapers and magazines. - Mon. to Fri. approx.160 deliveries. - Sat. approx. 330 deliveries and 430 on Sunday. - They also sell confectionery, drinks, phone cards, transport tickets, toys and gifts. - Services provided include photocopying, fax and other similar services such as dry cleaning agent. - The business has 7 sub-newsagents. - The Lotto fittings have been recently renovated to latest standards at a cost of approx. $20,000.

Summary

  • Features: Same owner 13 years - Large percentage of deliveries done by staff. - Great location.
  • Potential: Could increase giftware side of business.
  • Premises: Full newsagency with storage and bathroom at the rear of rhe premises and a total area of 100 sq. mts.
  • Trading Hours: 7 days -Mon. to Fri. - 6:30 a.m. - 6:30 p.m. - Sat. and Sun. - 7:00 a.m. - 2:00 p.m.
  • Lease: A new 9 year lease is available to a suitable purchaser ( 3 + 3 + 3 years) - the annual rental increases will be C.P.I. - The current rental bond is one month.
  • Employees: Husband and wife plus 2 paper delivery drivers. - Wife works 4 hours per day Monday to Friday .
  • Comments: Lotto sales (included in weekly sales ) per annum $605,137 for last year and the commission rate is 9.3 % - First time on the market and a must to inspect.

Weekly Summary

Weekly Takings (inc GST)

$17,000

Cost of Goods

$13,267

Gross Profit

$3,733

Rent

$546

Wages

$600

Outgoings

$22

Telephone

$20

Insurance

$42

Electricity

$45

Misc1

$258

Total Expenses

$1,533

Estimated Stock (Additional)

$30,000

Net Profit

$2,200

Price

$98,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Newsagency - Retail

Business Code: F3294
Price: $98,000

Key Features: Newsagency - Sale $17000 pw Upper Nth shore NSW Same owner 13 yrs low rent

State: NSW

Location: Prime street front location in small strip shopping centre in Upper North Shore

Description

Newsagency selling newspapers, magazines and similar publications, greeting cards, stationery, lottery and opal cards. - They provide a delivery service for newspapers and magazines. - Mon. to Fri. approx.160 deliveries. - Sat. approx. 330 deliveries and 430 on Sunday. - They also sell confectionery, drinks, phone cards, transport tickets, toys and gifts. - Services provided include photocopying, fax and other similar services such as dry cleaning agent. - The business has 7 sub-newsagents. - The Lotto fittings have been recently renovated to latest standards at a cost of approx. $20,000.

Summary

  • Features: Same owner 13 years - Large percentage of deliveries done by staff. - Great location.
  • Potential: Could increase giftware side of business.
  • Premises: Full newsagency with storage and bathroom at the rear of rhe premises and a total area of 100 sq. mts.
  • Trading Hours: 7 days -Mon. to Fri. - 6:30 a.m. - 6:30 p.m. - Sat. and Sun. - 7:00 a.m. - 2:00 p.m.
  • Lease: A new 9 year lease is available to a suitable purchaser ( 3 + 3 + 3 years) - the annual rental increases will be C.P.I. - The current rental bond is one month.
  • Employees: Husband and wife plus 2 paper delivery drivers. - Wife works 4 hours per day Monday to Friday .
  • Comments: Lotto sales (included in weekly sales ) per annum $605,137 for last year and the commission rate is 9.3 % - First time on the market and a must to inspect.

Weekly Summary

Weekly Takings
(inc GST)

$17,000

Cost of Goods

$13,267

Gross Profit

$3,733

Rent (ex GST)

$546

Wages

$600

Outgoings

$22

Telephone

$20

Insurance

$42

Electricity

$45

Misc1

$258

Total Expenses

$1,533

Estimated Stock (Additional)

$30,000

Net Profit

$2,200

Price

$98,000

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