Visit this listing at https://www.sbx.com.au/business?id=M1932

Business Code: M1932

Key Features: Great centre

State: NSW

Location: Prime location in food court level in South Sydney major shopping centre

Description

Newsagency selling newspapers, magazines, lotteries, stationery, confectionery, greeting cards, cigarettes, Opal cards etc. - Lotteries sales $1,505,831 in 2016 with commission $154,279. - Newly renovated shop at a cost of $200k.

Summary

  • Features: Top location. - Brand new fit-out. - High turnover. - Secure income. - No paper delivery.
  • Potential: Sales will increase on account of shopping centre growth with new renovations.
  • Premises: Newly fitted out shop with an area of 134 m2.
  • Trading Hours: 7 days - 7:30 a.m.- 5:30 p.m.
  • Lease: 7 year lease from June 2013. - 5% increases. - 2 months bond.
  • Employees: 2 partners ( one work 5 days and one work 2 days ) + 4 casuals
  • Comments: Misc.- 1-general business expenses. - This is a fantastic business for family or husband and wife operators. - A must inspect.

Weekly Summary

Weekly Takings (inc GST)

$53,380

Cost of Goods

$41,925

Gross Profit

$11,445

Rent

$3,877

Wages

$1,500

Outgoings

$833

Telephone

$30

Insurance

$45

Electricity

$60

Misc1

$200

Total Expenses

$6,545

Estimated Stock (Additional)

$90,000

Net Profit

$4,900

Price

$480,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Newsagency - Retail

Business Code: M1932

Key Features: Great centre

State: NSW

Location: Prime location in food court level in South Sydney major shopping centre

Description

Newsagency selling newspapers, magazines, lotteries, stationery, confectionery, greeting cards, cigarettes, Opal cards etc. - Lotteries sales $1,505,831 in 2016 with commission $154,279. - Newly renovated shop at a cost of $200k.

Summary

  • Features: Top location. - Brand new fit-out. - High turnover. - Secure income. - No paper delivery.
  • Potential: Sales will increase on account of shopping centre growth with new renovations.
  • Premises: Newly fitted out shop with an area of 134 m2.
  • Trading Hours: 7 days - 7:30 a.m.- 5:30 p.m.
  • Lease: 7 year lease from June 2013. - 5% increases. - 2 months bond.
  • Employees: 2 partners ( one work 5 days and one work 2 days ) + 4 casuals
  • Comments: Misc.- 1-general business expenses. - This is a fantastic business for family or husband and wife operators. - A must inspect.

Weekly Summary

Weekly Takings
(inc GST)

$53,380

Cost of Goods

$41,925

Gross Profit

$11,445

Rent (ex GST)

$3,877

Wages

$1,500

Outgoings

$833

Telephone

$30

Insurance

$45

Electricity

$60

Misc1

$200

Total Expenses

$6,545

Estimated Stock (Additional)

$90,000

Net Profit

$4,900

Price

$480,000

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