Visit this listing at https://www.sbx.com.au/business?id=GNGD1061

Business Code: GNGD1061

Key Features: Long established

State: NSW

Suburb: Castle Hill, 2154

Location: Situated in residential shopping village opposite busy supermarket in North West Sydney

Description

Newsagency selling newspapers, magazines, lotto, confectionery, gift cards, stationery, phone cards, stamps, cigarettes, toys, giftware, etc - exclusive newspaper deliveries for one suburb & non-exclusive for another - Annual lotto sales approx. $917,500 with profit of $94,000 p.a.

Summary

  • Features: No close competition - Lots of foot traffic - Significant home delivery penetration. - Loyal repeat customers. - Excellent location with high population growth.
  • Potential: Suit owner operator. - increase revenue by contacting schools for stationery orders and student needs - expand gift range - better promotion of Lotto and tobacco products - place more promotional signage
  • Premises: This business has an area of 45 sq. mts.
  • Trading Hours: 7 days - Mon. - Fri. - 8 a.m. to 6 p.m. - Sat. - 8 a.m. to 5 p.m. - Sun. - 8 a.m. to 2 p.m.
  • Lease: 4 year lease commenced Sept. 2018- annual 4% rental increases - 3 months bond
  • Employees: 1 owner-operator full time + 1 driver part-time
  • Comments: Equipment comprises: high-quality newspaper wrapping machine, new computer, owned drink cooler, supplier-owned ice cream freezer, Lotto computer (from supplier)

Weekly Summary

Weekly Takings (inc GST)

$24,636

Cost of Goods

$19,763

Gross Profit

$4,873

Rent

$1,045

Wages

$680

Telephone

$18

Insurance

$22

Electricity

$42

Total Expenses

$1,807

Estimated Stock (Additional)

$40,000

Equipment (Included)

$15,000

Net Profit

$3,066

Price

$145,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Newsagency - Retail - Lotto - Cigarettes

Business Code: GNGD1061
Price: $145,000

Key Features: Long established

State: NSW

Suburb: Castle Hill, 2154

Location: Situated in residential shopping village opposite busy supermarket in North West Sydney

Description

Newsagency selling newspapers, magazines, lotto, confectionery, gift cards, stationery, phone cards, stamps, cigarettes, toys, giftware, etc - exclusive newspaper deliveries for one suburb & non-exclusive for another - Annual lotto sales approx. $917,500 with profit of $94,000 p.a.

Summary

  • Features: No close competition - Lots of foot traffic - Significant home delivery penetration. - Loyal repeat customers. - Excellent location with high population growth.
  • Potential: Suit owner operator. - increase revenue by contacting schools for stationery orders and student needs - expand gift range - better promotion of Lotto and tobacco products - place more promotional signage
  • Premises: This business has an area of 45 sq. mts.
  • Trading Hours: 7 days - Mon. - Fri. - 8 a.m. to 6 p.m. - Sat. - 8 a.m. to 5 p.m. - Sun. - 8 a.m. to 2 p.m.
  • Lease: 4 year lease commenced Sept. 2018- annual 4% rental increases - 3 months bond
  • Employees: 1 owner-operator full time + 1 driver part-time
  • Comments: Equipment comprises: high-quality newspaper wrapping machine, new computer, owned drink cooler, supplier-owned ice cream freezer, Lotto computer (from supplier)

Weekly Summary

Weekly Takings
(inc GST)

$24,636

Cost of Goods

$19,763

Gross Profit

$4,873

Rent (ex GST)

$1,045

Wages

$680

Telephone

$18

Insurance

$22

Electricity

$42

Total Expenses

$1,807

Estimated Stock (Additional)

$40,000

Equipment (Included)

$15,000

Net Profit

$3,066

Price

$145,000

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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.