Visit this listing at https://www.sbx.com.au/business?id=G1748

Business Code: G1748

Key Features: Newsagency - Profit $2135 pw - Eastern Suburbs NSW - Same owner 11 years

State: NSW

Suburb: Rose Bay, 2029

Location: Well located on a busy main road close to a major fruit market and large Eastern Suburbs residential & shopping area.

Description

Newsagency selling Lotto, newspapers, magazines, stationery, tobacco, opal cards, phone & sim cards, phone accessories, soft drinks & confectionery etc. - fax & photocopy service & parcel agent. - Lotto commission is approx. $65,000 pa.

Summary

  • Features: Well established business. - Great location. - Large sales of cards & stationery. - Low rent. - Regular affluent customer base. - Same owner for 11 years. - Very consistent turnover. - Residence attached
  • Potential: A new purchaser could rent the upstairs 3 bed. residence (currently being renovated throughout). - Potential to paint the shop and give it a fresh new look. - There are many new home units being built close by.
  • Premises: The shop has an area of 40 sq mts with a small store room & tea room.
  • Trading Hours: 7 days - Mon. - Sat. - 7 a.m. - 7 p.m. & Sunday 7 a.m. - 4 p.m.
  • Lease: Current owner is currently on month to month. - A new lease will be available for a new owner. - 3 months bond. - CPI increases.
  • Employees: 2 owners (Husband & Wife)
  • Comments:

Weekly Summary

Weekly Takings (inc GST)

$15,000

Cost of Goods

$12,000

Gross Profit

$3,000

Rent

$780

Telephone

$15

Insurance

$45

Electricity

$25

Total Expenses

$865

Estimated Stock (Additional)

$50,000

Net Profit

$2,135

Price

$198,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Newsagency - Stationery

Business Code: G1748
Price: $198,000
+ Estimated SAV $50,000

Key Features: Newsagency - Profit $2135 pw - Eastern Suburbs NSW - Same owner 11 years

State: NSW

Suburb: Rose Bay, 2029

Location: Well located on a busy main road close to a major fruit market and large Eastern Suburbs residential & shopping area.

Description

Newsagency selling Lotto, newspapers, magazines, stationery, tobacco, opal cards, phone & sim cards, phone accessories, soft drinks & confectionery etc. - fax & photocopy service & parcel agent. - Lotto commission is approx. $65,000 pa.

Summary

  • Features: Well established business. - Great location. - Large sales of cards & stationery. - Low rent. - Regular affluent customer base. - Same owner for 11 years. - Very consistent turnover. - Residence attached
  • Potential: A new purchaser could rent the upstairs 3 bed. residence (currently being renovated throughout). - Potential to paint the shop and give it a fresh new look. - There are many new home units being built close by.
  • Premises: The shop has an area of 40 sq mts with a small store room & tea room.
  • Trading Hours: 7 days - Mon. - Sat. - 7 a.m. - 7 p.m. & Sunday 7 a.m. - 4 p.m.
  • Lease: Current owner is currently on month to month. - A new lease will be available for a new owner. - 3 months bond. - CPI increases.
  • Employees: 2 owners (Husband & Wife)
  • Sale Reason: Owners have been living in the residence above the shop & now want to relocate.
  • Comments: Please note that the current owner is due to renew the front counter & Lotto area.

Disclaimer: Please note that the business information provided may be affected by COVID-19. Please speak to your broker for more information.

Weekly Summary

Figures exclude GST

Weekly Takings

$15,000

Cost of Goods

$12,000

Gross Profit

$3,000

Rent

$780

Telephone

$15

Insurance

$45

Electricity

$25

Total Expenses

$865

Estimated Stock (Additional)

$50,000

Net Profit

$2,135

Price

$198,000
+ Estimated SAV $50,000

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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.