Visit this listing at https://www.sbx.com.au/business?id=FS1015

Business Code: FS1015

Key Features: Well established

State: NSW

Location: Situated in busy shopping centre in South-West Sydney beside major supermarket.

Description

Post Office & fully licensed newsagency selling newspapers, magazines, stationery, cards, confectionery, bus tickets. - One sub-agent. - No paper delivery - Lottery commission income per year $ 125,000 & post office income $165,000 per year

Summary

  • Features: Well established business over 25 years - Beautiful fitout. - Strong local support. - Easy operation. - No competition.
  • Potential: Could increase high profit margin products. e.g. cards, stationery. - Suit husband and wife team.
  • Premises: This business has an area of 100 sq.mts.
  • Trading Hours: 7 days - Mon.-Tues.- Wed.-Fri.- 8:00 a.m. - 6:00 p.m. - Thurs.- 7.00 p.m. - Sat. - 8:00 a.m.- 4:00 p.m. -Sun. - 8:00 a.m.- 2:00 p.m.
  • Lease: Current 5 year lease expires March 2022. - 3% rental increase. - 3 month bond
  • Employees: 2 owners + 3 casuals
  • Comments: This is a rare opportunity to purchase two businesses in one. - .The owner is willing to provide training & ongoing support. - The profit is based on two owners working 4 days a week. - Vendor has just spent 200k for renovation - Rent includes outgoing.

Weekly Summary

Weekly Takings (inc GST)

$45,000

Cost of Goods

$32,850

Gross Profit

$12,150

Rent

$1,400

Wages

$1,000

Telephone

$25

Insurance

$50

Electricity

$300

Misc1

$800

Total Expenses

$3,575

Estimated Stock (Additional)

$80,000

Net Profit

$8,575

Price

$1,200,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Newsagency - Post Office

Business Code: FS1015
Price: $1,200,000

Key Features: Well established

State: NSW

Location: Situated in busy shopping centre in South-West Sydney beside major supermarket.

Description

Post Office & fully licensed newsagency selling newspapers, magazines, stationery, cards, confectionery, bus tickets. - One sub-agent. - No paper delivery - Lottery commission income per year $ 125,000 & post office income $165,000 per year

Summary

  • Features: Well established business over 25 years - Beautiful fitout. - Strong local support. - Easy operation. - No competition.
  • Potential: Could increase high profit margin products. e.g. cards, stationery. - Suit husband and wife team.
  • Premises: This business has an area of 100 sq.mts.
  • Trading Hours: 7 days - Mon.-Tues.- Wed.-Fri.- 8:00 a.m. - 6:00 p.m. - Thurs.- 7.00 p.m. - Sat. - 8:00 a.m.- 4:00 p.m. -Sun. - 8:00 a.m.- 2:00 p.m.
  • Lease: Current 5 year lease expires March 2022. - 3% rental increase. - 3 month bond
  • Employees: 2 owners + 3 casuals
  • Comments: This is a rare opportunity to purchase two businesses in one. - .The owner is willing to provide training & ongoing support. - The profit is based on two owners working 4 days a week. - Vendor has just spent 200k for renovation - Rent includes outgoing.

Weekly Summary

Weekly Takings
(inc GST)

$45,000

Cost of Goods

$32,850

Gross Profit

$12,150

Rent (ex GST)

$1,400

Wages

$1,000

Telephone

$25

Insurance

$50

Electricity

$300

Misc1

$800

Total Expenses

$3,575

Estimated Stock (Additional)

$80,000

Net Profit

$8,575

Price

$1,200,000

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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.