Visit this listing at https://www.sbx.com.au/business?id=FS1058

Business Code: FS1058

Key Features: Very well established - Netting $4213 p.w.

State: NSW

Location: Situated in a very busy local community with supermarkets, cafes, banks, & restaurants.

Description

Newsagency selling magazines, newspapers, stationery, cards, cigarettes, confectionery, gifts & tickets etc. 5 sub-agents. Delivery 7 days approx. 150 per days. Lotto sales are approx. $1,052,000 per year with commission of approx. $98,000

Summary

  • Features: Well established- Long lease. - No competition. - Recent fitout. - Fully licensed newsagency.
  • Potential: Much more scope for substantial increase in lotto sales.
  • Premises: This business has an area of 65 sq. mts.
  • Trading Hours: 7 days - Mon. - Fri. - 6:00 a.m.- 6:00 p.m. - Sat. - 6:00 a.m.- 5:00 p.m. - Sun. - 6:00 a.m.- 1:00 p.m.
  • Lease: New 5 + 5 year lease commenced Nov.2019 - 2.5% rent increase per year- - 3 months bond required.
  • Employees: One owner + 5 casuals.
  • Comments: New renovation done on shop recently - Fantastic business opportunity for husband & wife. - Support and training provided.

Weekly Summary

Weekly Takings (inc GST)

$35,000

Cost of Goods

$27,870

Gross Profit

$7,130

Rent

$917

Wages

$1,000

Outgoings

$345

Telephone

$35

Insurance

$50

Electricity

$70

Misc1

$500

Total Expenses

$2,917

Estimated Stock (Additional)

$100,000

Net Profit

$4,213

Price

$280,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Newsagency - Retail

Business Code: FS1058
Price: $280,000

Key Features: Very well established - Netting $4213 p.w.

State: NSW

Location: Situated in a very busy local community with supermarkets, cafes, banks, & restaurants.

Description

Newsagency selling magazines, newspapers, stationery, cards, cigarettes, confectionery, gifts & tickets etc. 5 sub-agents. Delivery 7 days approx. 150 per days. Lotto sales are approx. $1,052,000 per year with commission of approx. $98,000

Summary

  • Features: Well established- Long lease. - No competition. - Recent fitout. - Fully licensed newsagency.
  • Potential: Much more scope for substantial increase in lotto sales.
  • Premises: This business has an area of 65 sq. mts.
  • Trading Hours: 7 days - Mon. - Fri. - 6:00 a.m.- 6:00 p.m. - Sat. - 6:00 a.m.- 5:00 p.m. - Sun. - 6:00 a.m.- 1:00 p.m.
  • Lease: New 5 + 5 year lease commenced Nov.2019 - 2.5% rent increase per year- - 3 months bond required.
  • Employees: One owner + 5 casuals.
  • Comments: New renovation done on shop recently - Fantastic business opportunity for husband & wife. - Support and training provided.

Weekly Summary

Weekly Takings
(inc GST)

$35,000

Cost of Goods

$27,870

Gross Profit

$7,130

Rent (ex GST)

$917

Wages

$1,000

Outgoings

$345

Telephone

$35

Insurance

$50

Electricity

$70

Misc1

$500

Total Expenses

$2,917

Estimated Stock (Additional)

$100,000

Net Profit

$4,213

Price

$280,000

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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.