Visit this listing at https://www.sbx.com.au/business?id=FW1086

Business Code: FW1086

Key Features: Newsagency - Convenience Store - Net $2713.00 pw. - City Fringe Nsw

State: NSW

Location: Located in the centre of suburb, surrounded by well-established resident and commercial.

Description

Newsagency - convenience store selling newspapers, magazines, lotto, greeting cards, stationery, gift ware, drinks & cigarettes etc; - Newly renovated shop - Lotto sales approx. $18, 645 p.w. with profit $117,364 per anum. - No newspaper deliveries .

Summary

  • Features: Prime location - Long established - Newly renovated - Easy to run.
  • Potential: New apartments approved recently - Great potential for a motivated owner operator.
  • Premises: This business has an area of 116 SQMs including an office and a store room.
  • Trading Hours: 7 days - Mon. - Sat. - 6:00 a.m. - 7:00 p.m. - Sun. - 6:00 a.m. - 5:00 p.m.
  • Lease: Current lease expires July 2021 - CPI increases. - 3 months bond. - New lease available.
  • Employees: 1 Manager + 1 casual.
  • Comments: Note: Managers wage has been removed and added to net profit as if run by an owner operator.

Weekly Summary

Weekly Takings (inc GST)

$36,815

Cost of Goods

$31,742

Gross Profit

$5,073

Rent

$1,480

Wages

$500

Telephone

$40

Insurance

$40

Electricity

$100

Misc1

$200

Total Expenses

$2,360

Estimated Stock (Additional)

$50,000

Net Profit

$2,713

Price

$250,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Newsagency. - Convenience Store - Under Management

Business Code: FW1086
Price: $250,000

Key Features: Newsagency - Convenience Store - Net $2713.00 pw. - City Fringe Nsw

State: NSW

Location: Located in the centre of suburb, surrounded by well-established resident and commercial.

Description

Newsagency - convenience store selling newspapers, magazines, lotto, greeting cards, stationery, gift ware, drinks & cigarettes etc; - Newly renovated shop - Lotto sales approx. $18, 645 p.w. with profit $117,364 per anum. - No newspaper deliveries .

Summary

  • Features: Prime location - Long established - Newly renovated - Easy to run.
  • Potential: New apartments approved recently - Great potential for a motivated owner operator.
  • Premises: This business has an area of 116 SQMs including an office and a store room.
  • Trading Hours: 7 days - Mon. - Sat. - 6:00 a.m. - 7:00 p.m. - Sun. - 6:00 a.m. - 5:00 p.m.
  • Lease: Current lease expires July 2021 - CPI increases. - 3 months bond. - New lease available.
  • Employees: 1 Manager + 1 casual.
  • Comments: Note: Managers wage has been removed and added to net profit as if run by an owner operator.

Weekly Summary

Weekly Takings
(inc GST)

$36,815

Cost of Goods

$31,742

Gross Profit

$5,073

Rent (ex GST)

$1,480

Wages

$500

Telephone

$40

Insurance

$40

Electricity

$100

Misc1

$200

Total Expenses

$2,360

Estimated Stock (Additional)

$50,000

Net Profit

$2,713

Price

$250,000

 Print

Enquire about this listing



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.