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

Business Code: F3294

Key Features: Newsagency - Profit $1245 pw Upper Nth Shore NSW- Same owner 14 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 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 no sub-newsagents. - The Lotto fittings have been recently renovated to latest standards at a cost of approx. $20,000.

Summary

  • Features: Same owner 14 years - Great location.No paper deliveries .
  • 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:

Weekly Summary

Weekly Takings (inc GST)

$17,338

Cost of Goods

$14,369

Gross Profit

$1,934

Rent

$557

Outgoings

$25

Telephone

$11

Insurance

$41

Electricity

$55

Misc1

$5

Total Expenses

$689

Estimated Stock (Additional)

$30,000

Net Profit

$1,245

Price

$68,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Newsagency - Retail

Business Code: F3294
Price: $68,000
+ Estimated SAV $30,000

Key Features: Newsagency - Profit $1245 pw Upper Nth Shore NSW- Same owner 14 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 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 no sub-newsagents. - The Lotto fittings have been recently renovated to latest standards at a cost of approx. $20,000.

Summary

  • Features: Same owner 14 years - Great location.No paper deliveries .
  • 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 .
  • Sale Reason: Had enough after 13 years
  • 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.

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

$17,338

Cost of Goods

$14,369

Gross Profit

$1,934

Rent (ex GST)

$557

Outgoings

$25

Telephone

$11

Insurance

$41

Electricity

$55

Misc1

$5

Total Expenses

$689

Estimated Stock (Additional)

$30,000

Net Profit

$1,245

Price

$68,000
+ Estimated SAV $30,000

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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.