Visit this listing at https://www.sbx.com.au/business?id=GN1306

Business Code: GN1306

Key Features: Newsagency - Sales $30,400 p.w - Retail - Lotto - Forestville 2087

State: NSW

Suburb: Forestville, 2087

Location: Situated within a fully tenanted village style shopping centre generating vast numbers of customers visiting 7 days a week. The village is located off a major Sydney artery road with major public transport options and is also in the vacinity of a local commercial business area.

Description

Newsagency selling lotto, magazines, newspapers, greeting cards, cigarettes, confectionery, gifts, Opal cards etc. - Has several sub agents and a successful paper delivery operation - Lotto sales are approx. $920,000 per year commission which has been included in takings shown. - Back to base alarm system.

Summary

  • Features: Long established business for over 35 years - Loyal customers - Low rent. - Long lease -
  • Potential: The newsagency is situated in an affluent part of Sydney growing with numerous new units and housing developments associated with the new Northern Beaches Hospital. generating population growth within the local area, creating new potential for this already successful newsagency. There is an opportunity to expand gift lines and stationery to local businesses.
  • Premises: Well presented shop of approx. 150 m2 including office with plenty of storage and secure wrap room.
  • Trading Hours: 7 days - Mon. - Fri. - 7.30 a.m. - 5.30 p.m. - Sat. - 7.30 a.m. - 2.30 p.m. - Sun. - 7.30 a.m. - 11.30 a.m.
  • Lease: 5 year lease commenced 5 July, 2016 + 5 year option.
  • Employees: One owner working full time + one partner only working 12 hours per week + 2 senior staff + 2 junior staff.
  • Comments: This is a fantastic business opportunity for a single operator, couple, family or business investor wanting to let a manager operate and run the store. - Lease includes off street parking for 2 cars.- Please do not speak to the owner or staff unless authorised by the agent. - This information has been provided on a strictly confidential basis.

Weekly Summary

Weekly Takings (inc GST)

$30,400

Cost of Goods

$23,087

Gross Profit

$7,313

Rent

$1,305

Wages

$726

Outgoings

$301

Telephone

$58

Insurance

$67

Electricity

$50

Misc1

$1,326

Total Expenses

$3,833

Estimated Stock (Additional)

$80,000

Net Profit

$3,480

Price

$290,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Retail - Newsagency

Business Code: GN1306
Price: $290,000

Key Features: Newsagency - Sales $30,400 p.w - Retail - Lotto - Forestville 2087

State: NSW

Suburb: Forestville, 2087

Location: Situated within a fully tenanted village style shopping centre generating vast numbers of customers visiting 7 days a week. The village is located off a major Sydney artery road with major public transport options and is also in the vacinity of a local commercial business area.

Description

Newsagency selling lotto, magazines, newspapers, greeting cards, cigarettes, confectionery, gifts, Opal cards etc. - Has several sub agents and a successful paper delivery operation - Lotto sales are approx. $920,000 per year commission which has been included in takings shown. - Back to base alarm system.

Summary

  • Features: Long established business for over 35 years - Loyal customers - Low rent. - Long lease -
  • Potential: The newsagency is situated in an affluent part of Sydney growing with numerous new units and housing developments associated with the new Northern Beaches Hospital. generating population growth within the local area, creating new potential for this already successful newsagency. There is an opportunity to expand gift lines and stationery to local businesses.
  • Premises: Well presented shop of approx. 150 m2 including office with plenty of storage and secure wrap room.
  • Trading Hours: 7 days - Mon. - Fri. - 7.30 a.m. - 5.30 p.m. - Sat. - 7.30 a.m. - 2.30 p.m. - Sun. - 7.30 a.m. - 11.30 a.m.
  • Lease: 5 year lease commenced 5 July, 2016 + 5 year option.
  • Employees: One owner working full time + one partner only working 12 hours per week + 2 senior staff + 2 junior staff.
  • Comments: This is a fantastic business opportunity for a single operator, couple, family or business investor wanting to let a manager operate and run the store. - Lease includes off street parking for 2 cars.- Please do not speak to the owner or staff unless authorised by the agent. - This information has been provided on a strictly confidential basis.

Weekly Summary

Weekly Takings
(inc GST)

$30,400

Cost of Goods

$23,087

Gross Profit

$7,313

Rent (ex GST)

$1,305

Wages

$726

Outgoings

$301

Telephone

$58

Insurance

$67

Electricity

$50

Misc1

$1,326

Total Expenses

$3,833

Estimated Stock (Additional)

$80,000

Net Profit

$3,480

Price

$290,000

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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.