Visit this listing at https://www.sbx.com.au/business?id=FS1116

Business Code: FS1116

Key Features: No competition -Netting $3694 p.w.

State: NSW

Location: Situated on busy road in Inner West Sydney.

Description

Newsagency selling lotto, magazines, stationery, newspapers, confectionery, etc.- Lotto sales approx. $ 650,000 per annum which generates $ 55,000 commission per annum included in takings shown. - Paper deliveries - Mon .- Fri.- 150- Sat.- 330.- Sun. -280.

Summary

  • Features: Well established.- Long lease.- Busy location - No competition.
  • Potential: Improve giftware, stationery and card section. - Improve cigarette sales.- Add dry cleaning and parcel pick up services .- Suitable for husband and wife. -Large residential site will be completed shortly nearby.
  • Premises: This business has an area of 100 sq. mts.
  • Trading Hours: 7 days - Mon.- Fri. -6:30 a.m - 6:30 p.m. - Sat. - 7:00 a.m - 5:00 p.m. - Sun. - 7:00 a.m.- 3:00 p.m.
  • Lease: Current lease commenced on June 2017 and expires June, 2022 + 5 years option. -3% rent increases per annuam - 3 months bond requested.
  • Employees: One owner + 2 casuals.
  • Comments: Misc. -1 - $100 Internet, security.- Husband and wife team will generate more profit as vendor only working part time.

Weekly Summary

Weekly Takings (inc GST)

$26,000

Cost of Goods

$19,550

Gross Profit

$6,450

Rent

$1,250

Wages

$1,200

Outgoings

$66

Telephone

$30

Insurance

$60

Electricity

$50

Misc1

$100

Total Expenses

$2,756

Estimated Stock (Additional)

$30,000

Net Profit

$3,694

Price

$268,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Newsagency - Retail

Business Code: FS1116
Price: $268,000

Key Features: No competition -Netting $3694 p.w.

State: NSW

Location: Situated on busy road in Inner West Sydney.

Description

Newsagency selling lotto, magazines, stationery, newspapers, confectionery, etc.- Lotto sales approx. $ 650,000 per annum which generates $ 55,000 commission per annum included in takings shown. - Paper deliveries - Mon .- Fri.- 150- Sat.- 330.- Sun. -280.

Summary

  • Features: Well established.- Long lease.- Busy location - No competition.
  • Potential: Improve giftware, stationery and card section. - Improve cigarette sales.- Add dry cleaning and parcel pick up services .- Suitable for husband and wife. -Large residential site will be completed shortly nearby.
  • Premises: This business has an area of 100 sq. mts.
  • Trading Hours: 7 days - Mon.- Fri. -6:30 a.m - 6:30 p.m. - Sat. - 7:00 a.m - 5:00 p.m. - Sun. - 7:00 a.m.- 3:00 p.m.
  • Lease: Current lease commenced on June 2017 and expires June, 2022 + 5 years option. -3% rent increases per annuam - 3 months bond requested.
  • Employees: One owner + 2 casuals.
  • Comments: Misc. -1 - $100 Internet, security.- Husband and wife team will generate more profit as vendor only working part time.

Weekly Summary

Weekly Takings
(inc GST)

$26,000

Cost of Goods

$19,550

Gross Profit

$6,450

Rent (ex GST)

$1,250

Wages

$1,200

Outgoings

$66

Telephone

$30

Insurance

$60

Electricity

$50

Misc1

$100

Total Expenses

$2,756

Estimated Stock (Additional)

$30,000

Net Profit

$3,694

Price

$268,000

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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.