Visit this listing at https://www.sbx.com.au/business?id=FS1114

Business Code: FS1114

Key Features: Newsagency - Croydon Area - Sales $25,130 p.w.

State: NSW

Location: Situated in busy street in Inner West with school nearby.

Description

Newsagency selling lotto, magazines, stationery, newspapers, confectionery, stamps, etc.- Lotto sales approx. $ 660,000 per annum which generates $ 68,000 commission per annum included in takings shown. - Security covered with 4 cctv supplying images to remote monitor in rear store room. - Paper deliveries - Mon .- Fri.- 80 - Sat.- 140.- Sun. - 180.

Summary

  • Features: Well established.- Very low rent and good lease term.- Busy location. - Low running costs.
  • Potential: Improve giftware range - Add dry cleaning and parcel pick up services .- Suitable for husband and wife.
  • Premises: This business has an area of 130 sq. mts.
  • Trading Hours: 7 days - Mon. - Fri. - 6:00 a.m. - 6:00 p.m. - Sat. - 6:00 a.m.- 4:00 p.m. - Sun.- 6:00 a.m. - 12:00 p.m.
  • Lease: A new 3 + 5 years lease is available.- No rent increases in the first 3 years. - 3 months bond request.
  • Employees: 2 owners.
  • Comments: Selling price includes all stock which is approx. $30-40k but excludes cigarettes.- Stock of cigarettes is estimated about $100k but can be negotiated,

Weekly Summary

Weekly Takings (inc GST)

$25,130

Cost of Goods

$21,180

Gross Profit

$3,950

Rent

$485

Outgoings

$50

Insurance

$40

Electricity

$75

Misc1

$300

Total Expenses

$950

Estimated Stock (Additional)

$100,000

Net Profit

$3,000

Price

$188,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Newsagency - Retail

Business Code: FS1114

Key Features: Newsagency - Croydon Area - Sales $25,130 p.w.

State: NSW

Location: Situated in busy street in Inner West with school nearby.

Description

Newsagency selling lotto, magazines, stationery, newspapers, confectionery, stamps, etc.- Lotto sales approx. $ 660,000 per annum which generates $ 68,000 commission per annum included in takings shown. - Security covered with 4 cctv supplying images to remote monitor in rear store room. - Paper deliveries - Mon .- Fri.- 80 - Sat.- 140.- Sun. - 180.

Summary

  • Features: Well established.- Very low rent and good lease term.- Busy location. - Low running costs.
  • Potential: Improve giftware range - Add dry cleaning and parcel pick up services .- Suitable for husband and wife.
  • Premises: This business has an area of 130 sq. mts.
  • Trading Hours: 7 days - Mon. - Fri. - 6:00 a.m. - 6:00 p.m. - Sat. - 6:00 a.m.- 4:00 p.m. - Sun.- 6:00 a.m. - 12:00 p.m.
  • Lease: A new 3 + 5 years lease is available.- No rent increases in the first 3 years. - 3 months bond request.
  • Employees: 2 owners.
  • Comments: Selling price includes all stock which is approx. $30-40k but excludes cigarettes.- Stock of cigarettes is estimated about $100k but can be negotiated,

Weekly Summary

Weekly Takings
(inc GST)

$25,130

Cost of Goods

$21,180

Gross Profit

$3,950

Rent (ex GST)

$485

Outgoings

$50

Insurance

$40

Electricity

$75

Misc1

$300

Total Expenses

$950

Estimated Stock (Additional)

$100,000

Net Profit

$3,000

Price

$188,000

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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.