Visit this listing at https://www.sbx.com.au/business?id=FR1042

Business Code: FR1042

Key Features: Profit $6324.00 pw - Sales $87,887 p.w - Great business

State: NSW

Location: Situated in main thoroughfare in busy shopping centre in Western Suburbs.

Description

Newsagency selling newspapers, magazines, cards, stationery, drinks, confectionery and giftware. - Lotto commission approx. $350k per year included in takings and growing. - Consistently ranked in the top 15 in NSW for lotto sales - Also receives commissions from Western Union of $36K per year, phone cards and Opal cards. - 3 sub-agents and no deliveries. -Exclusive to multiple courier parcel services.

Summary

  • Features: Location - Location - Location - Very high lotto sales. - Well established.
  • Potential: Could add new products.
  • Premises: This business has an area of 190 sq. mts. and is in excellent condition.
  • Trading Hours: 7 days - Mon. -Tues. -Wed. -Fri. - 8 a.m. to 5.30 p.m.- Thurs.- to 9 p.m. - Sat. - 8.30 a.m. to 5 p.m. - Sun. - 9 a.m. to 5 p.m.
  • Lease: Current lease expires July, 2020 - C.P.I. increases - 3 months bond - New lease available.
  • Employees: 1 owner + 3 casuals
  • Comments:

Weekly Summary

Weekly Takings (inc GST)

$87,887

Cost of Goods

$74,661

Gross Profit

$13,226

Rent

$4,513

Wages

$870

Outgoings

$909

Telephone

$30

Insurance

$60

Electricity

$80

Misc1

$400

Total Expenses

$6,862

Estimated Stock (Additional)

$135,000

Net Profit

$6,364

Price

$550,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Newsagency - Retail

Business Code: FR1042
Price: $550,000

Key Features: Profit $6324.00 pw - Sales $87,887 p.w - Great business

State: NSW

Location: Situated in main thoroughfare in busy shopping centre in Western Suburbs.

Description

Newsagency selling newspapers, magazines, cards, stationery, drinks, confectionery and giftware. - Lotto commission approx. $350k per year included in takings and growing. - Consistently ranked in the top 15 in NSW for lotto sales - Also receives commissions from Western Union of $36K per year, phone cards and Opal cards. - 3 sub-agents and no deliveries. -Exclusive to multiple courier parcel services.

Summary

  • Features: Location - Location - Location - Very high lotto sales. - Well established.
  • Potential: Could add new products.
  • Premises: This business has an area of 190 sq. mts. and is in excellent condition.
  • Trading Hours: 7 days - Mon. -Tues. -Wed. -Fri. - 8 a.m. to 5.30 p.m.- Thurs.- to 9 p.m. - Sat. - 8.30 a.m. to 5 p.m. - Sun. - 9 a.m. to 5 p.m.
  • Lease: Current lease expires July, 2020 - C.P.I. increases - 3 months bond - New lease available.
  • Employees: 1 owner + 3 casuals
  • Comments:

Weekly Summary

Weekly Takings
(inc GST)

$87,887

Cost of Goods

$74,661

Gross Profit

$13,226

Rent (ex GST)

$4,513

Wages

$870

Outgoings

$909

Telephone

$30

Insurance

$60

Electricity

$80

Misc1

$400

Total Expenses

$6,862

Estimated Stock (Additional)

$135,000

Net Profit

$6,364

Price

$550,000

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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.