Visit this listing at https://www.sbx.com.au/business?id=FS1088

Business Code: FS1088

Key Features: Busy area

State: NSW

Location: Street front location in busy shopping strip in Inner West suburb.

Description

Newsagency selling a selection of lotteries, magazines, newspapers, greeting cards, drinks, confectionery, cigarettes, opal cards, flowers, and many other stationery items. - Lotto income is approx. $450,000 per annum. - Weekly sales include approx. $9,000 of lotto sales + $ 1,400 newspaper + $400 magazines + $6500 cards, cigarettes etc.

Summary

  • Features: Great position. - Well established - Large shop with reasonable rent.
  • Potential: Great opportunity for experienced operator - Could increase stationery and cards.
  • Premises: This business has an area of 175 sq. mts with storage room at the back.
  • Trading Hours: 7 days - Mon. - Fri. - 7:00 a.m.- 6:30 p.m.- Sat. -Sun. - 7:00 a.m.- 4:00 p.m.
  • Lease: Current 5 years lease expires on March, 2018 + 5 years option.- C.P.I. rent increases per year.- 3 month bonds request.
  • Employees: One owner + one casual.
  • Comments: Paper deliveries - Mon. - Fri. - 60 - Sat. - Sun. - 120.

Weekly Summary

Weekly Takings (inc GST)

$19,900

Cost of Goods

$14,575

Gross Profit

$5,325

Rent

$1,575

Wages

$500

Outgoings

$100

Telephone

$35

Insurance

$35

Electricity

$150

Misc1

$500

Total Expenses

$2,895

Estimated Stock (Additional)

$35,000

Net Profit

$2,430

Price

$100,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Newsagency - Retail

Business Code: FS1088
Price: $100,000

Key Features: Busy area

State: NSW

Location: Street front location in busy shopping strip in Inner West suburb.

Description

Newsagency selling a selection of lotteries, magazines, newspapers, greeting cards, drinks, confectionery, cigarettes, opal cards, flowers, and many other stationery items. - Lotto income is approx. $450,000 per annum. - Weekly sales include approx. $9,000 of lotto sales + $ 1,400 newspaper + $400 magazines + $6500 cards, cigarettes etc.

Summary

  • Features: Great position. - Well established - Large shop with reasonable rent.
  • Potential: Great opportunity for experienced operator - Could increase stationery and cards.
  • Premises: This business has an area of 175 sq. mts with storage room at the back.
  • Trading Hours: 7 days - Mon. - Fri. - 7:00 a.m.- 6:30 p.m.- Sat. -Sun. - 7:00 a.m.- 4:00 p.m.
  • Lease: Current 5 years lease expires on March, 2018 + 5 years option.- C.P.I. rent increases per year.- 3 month bonds request.
  • Employees: One owner + one casual.
  • Comments: Paper deliveries - Mon. - Fri. - 60 - Sat. - Sun. - 120.

Weekly Summary

Weekly Takings
(inc GST)

$19,900

Cost of Goods

$14,575

Gross Profit

$5,325

Rent (ex GST)

$1,575

Wages

$500

Outgoings

$100

Telephone

$35

Insurance

$35

Electricity

$150

Misc1

$500

Total Expenses

$2,895

Estimated Stock (Additional)

$35,000

Net Profit

$2,430

Price

$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.