Visit this listing at https://www.sbx.com.au/business?id=M2087

Business Code: M2087

Key Features: Affluent area of Lower North Shore - Profit $2170 p.w.

State: NSW

Location: Prime street front location in affluent Lower North Shore area.

Description

Full newsagency selling newspapers, magazines, cards, confectionery, stationery, tobacco, soft drinks and opal cards etc - Lotto sales of $530,699 in 2019 included commission of $54482. - The average weekly takings shown include lotto sales.

Summary

  • Features: Long established. - Great location in affluent area. - Stable income. - Long lease. - Easy operation without newspaper delivery. - Easy landlord. - Well priced.
  • Potential: Ideal family business. - Add more and update products to increase sales.
  • Premises: Well presented shop with an area of approx. 120 m2.
  • Trading Hours: 6.5 days - Mon. - Fri. - 7 a.m.- 6 p.m. - Sat. - 7:30 a.m.- 5 p.m. - Sun. - 8 a.m.- 1 p.m.
  • Lease: 3 + 3 + 3 years lease from June 2017 - 3% annual increases. 3 months bond.
  • Employees: 2 owners (father and son ).
  • Comments: The rent includes all outgoings. - No newspaper delivery. - Urgent sale due to the son has a good job and cannot help elderly father anymore. - Price is negotiable.

Weekly Summary

Weekly Takings (inc GST)

$29,000

Cost of Goods

$25,035

Gross Profit

$3,965

Rent

$1,560

Telephone

$20

Insurance

$55

Electricity

$60

Misc1

$100

Total Expenses

$1,795

Estimated Stock (Additional)

$25,000

Net Profit

$2,170

Price

$88,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Newsagency - Retail - Lotto

Business Code: M2087
Price: $88,000

Key Features: Affluent area of Lower North Shore - Profit $2170 p.w.

State: NSW

Location: Prime street front location in affluent Lower North Shore area.

Description

Full newsagency selling newspapers, magazines, cards, confectionery, stationery, tobacco, soft drinks and opal cards etc - Lotto sales of $530,699 in 2019 included commission of $54482. - The average weekly takings shown include lotto sales.

Summary

  • Features: Long established. - Great location in affluent area. - Stable income. - Long lease. - Easy operation without newspaper delivery. - Easy landlord. - Well priced.
  • Potential: Ideal family business. - Add more and update products to increase sales.
  • Premises: Well presented shop with an area of approx. 120 m2.
  • Trading Hours: 6.5 days - Mon. - Fri. - 7 a.m.- 6 p.m. - Sat. - 7:30 a.m.- 5 p.m. - Sun. - 8 a.m.- 1 p.m.
  • Lease: 3 + 3 + 3 years lease from June 2017 - 3% annual increases. 3 months bond.
  • Employees: 2 owners (father and son ).
  • Comments: The rent includes all outgoings. - No newspaper delivery. - Urgent sale due to the son has a good job and cannot help elderly father anymore. - Price is negotiable.

Weekly Summary

Weekly Takings
(inc GST)

$29,000

Cost of Goods

$25,035

Gross Profit

$3,965

Rent (ex GST)

$1,560

Telephone

$20

Insurance

$55

Electricity

$60

Misc1

$100

Total Expenses

$1,795

Estimated Stock (Additional)

$25,000

Net Profit

$2,170

Price

$88,000

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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.