Visit this listing at https://www.sbx.com.au/business?id=FQ1109SF

Business Code: FQ1109SF

Key Features: Newsagency - Sales $31,000 pw - Tobacconist - South Syd - Profit $3,500 p.w.

State: NSW

Suburb: Gymea, 2227

Location: Excellent location near schools, local businesses, gym, restaurants & 170 metres from train station in South Sydney

Description

Newsagency selling newspapers, magazines, lotto, scratchies, stationery, cards, school books, toys, soft drinks, tobacco products, phone cards, gift items, confectionery etc. - Lotto sales approx. $1 million per year. - Lotto commission included in takings - Premises includes 16 security cameras & new POS system.

Summary

  • Features: Low rent - Established for over 30 years - Well known in local community - Established accounts with several local businesses with 7 day payment terms from end of month.
  • Potential: Can offer parcel pickup, parcel logistics and money transfer service - Place more vending machines and ATM to increase revenue.
  • Premises: Two level premises with an area of 140 sq.mts. with office space upstairs, 2 self-contained toilets.
  • Trading Hours: 7 days - Mon. - Fri. - 6:30 a.m. - 6:00 p.m. - Sat.- 6:30 a.m. - 2:00 p.m.- Sun. - 7:00 a.m. - 1:00 p.m.
  • Lease: Current lease expires Dec. 2023 + 5 years option. - C.P.I.annual increases. - 3 months bond.
  • Employees: 1 owner + 3 -4 casuals
  • Comments:

Weekly Summary

Weekly Takings (inc GST)

$31,000

Cost of Goods

$23,000

Gross Profit

$8,000

Rent

$1,810

Wages

$2,000

Outgoings

$60

Telephone

$25

Insurance

$50

Electricity

$55

Misc1

$500

Total Expenses

$4,500

Estimated Stock (Additional)

$50,000

Net Profit

$3,500

Price

$228,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Newsagency - Retail - Tobacconist

Business Code: FQ1109SF
Price: $228,000
+ Estimated SAV $50,000

Key Features: Newsagency - Sales $31,000 pw - Tobacconist - South Syd - Profit $3,500 p.w.

State: NSW

Suburb: Gymea, 2227

Location: Excellent location near schools, local businesses, gym, restaurants & 170 metres from train station in South Sydney

Description

Newsagency selling newspapers, magazines, lotto, scratchies, stationery, cards, school books, toys, soft drinks, tobacco products, phone cards, gift items, confectionery etc. - Lotto sales approx. $1 million per year. - Lotto commission included in takings - Premises includes 16 security cameras & new POS system.

Summary

  • Features: Low rent - Established for over 30 years - Well known in local community - Established accounts with several local businesses with 7 day payment terms from end of month.
  • Potential: Can offer parcel pickup, parcel logistics and money transfer service - Place more vending machines and ATM to increase revenue.
  • Premises: Two level premises with an area of 140 sq.mts. with office space upstairs, 2 self-contained toilets.
  • Trading Hours: 7 days - Mon. - Fri. - 6:30 a.m. - 6:00 p.m. - Sat.- 6:30 a.m. - 2:00 p.m.- Sun. - 7:00 a.m. - 1:00 p.m.
  • Lease: Current lease expires Dec. 2023 + 5 years option. - C.P.I.annual increases. - 3 months bond.
  • Employees: 1 owner + 3 -4 casuals
  • Sale Reason: Family reasons
  • Comments: Miscell. - 1 - GST and other general expenses - Easy approval from landlord. - Buyer will require registration with NSW Lotteries

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

$31,000

Cost of Goods

$23,000

Gross Profit

$8,000

Rent (ex GST)

$1,810

Wages

$2,000

Outgoings

$60

Telephone

$25

Insurance

$50

Electricity

$55

Misc1

$500

Total Expenses

$4,500

Estimated Stock (Additional)

$50,000

Net Profit

$3,500

Price

$228,000
+ Estimated SAV $50,000

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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.