Sydney City Fringe
NSW
$158,000
Newsagency - RetailPrice: $250,000Net Profit: $3,500 |
Visit this listing at https://www.sbx.com.au/business?id=FS1058F |
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Business Code: FS1058F Key Features: News agency - North West Sydney - Very well established - Netting $4213 p.w. State: NSW Location: Situated in a very busy local community with supermarkets, cafes, banks, & restaurants. DescriptionNewsagency selling magazines, newspapers, stationery, cards, cigarettes, confectionery, gifts & tickets etc. 5 sub-agents.No deliveries. Lotto sales are approx. $1,052,000 per year with commission of approx. $98,000 Summary
Weekly SummaryWeekly Takings (inc GST)$35,000Cost of Goods$27,870Gross Profit$7,130Rent$917Wages$1,000Outgoings$345Telephone$35Insurance$50Electricity$70Misc1$1,213Total Expenses$2,630Estimated Stock (Additional)$100,000Net Profit$3,500Price$250,000 |
Contact SBXNSW (02) 9439 4403 QLD / VIC 1300 366 655 Email sales@sbx.com.au |
Newsagency - Retail
Business Code: FS1058F
Price: $250,000
+ Estimated SAV $100,000
Key Features: News agency - North West Sydney - 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.No deliveries. Lotto sales are approx. $1,052,000 per year with commission of approx. $98,000
Summary
- Features: Well established- Long lease. - No competition. - Recent lotto fit out - 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.
- Sale Reason: Other business commitments.
- Comments: New renovation done on shop recently - Fantastic business opportunity for husband & wife. - Support and training provided.
Disclaimer: Please note that the business information provided may be affected by COVID-19. Please speak to your broker for more information.
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
$1,213
Total Expenses
$2,630
Estimated Stock (Additional)
$100,000
Net Profit
$3,500
Price
$250,000
+ Estimated SAV $100,000
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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.
