Western Suburbs
NSW
$150,000
Newsagency - Lotto - RetailPrice: $80,000Net Profit: $1,475 |
Visit this listing at https://www.sbx.com.au/business?id=M2105 |
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Business Code: M2105 Key Features: Newsagency - Nett $1,475 p.w. - North West Sydney - Same owner 22 years State: NSW Location: Prime location in a shopping village in North West Sydney. DescriptionNewsagency selling lotto, newspapers, magazines, stationery, cards and soft drinks etc. 2020 financial year lotto sales $314,810 with commission $34,274. - It has signed a recycle contract with NSW Container Deposit Scheme as a recycle ( can and bottle) pick up spot, the total commission is $10,067 for 2020 financial year. - As dry cleaner agent it charged 30% service fee with average income of $150 per week. - Lotto and Recycle commissions have been included in weekly takings shown. Summary
Weekly SummaryWeekly Takings (inc GST)$6,307Cost of Goods$3,718Gross Profit$2,589Rent$874Telephone$28Electricity$36Misc1$176Total Expenses$1,114Estimated Stock (Additional)$20,000Net Profit$1,475Price$80,000 |
Contact SBXNSW (02) 9439 4403 QLD / VIC 1300 366 655 Email sales@sbx.com.au |
Newsagency - Lotto - Retail
Business Code: M2105
Price: $80,000
+ Estimated SAV $20,000
Key Features: Newsagency - Nett $1,475 p.w. - North West Sydney - Same owner 22 years
State: NSW
Location: Prime location in a shopping village in North West Sydney.
Description
Newsagency selling lotto, newspapers, magazines, stationery, cards and soft drinks etc. 2020 financial year lotto sales $314,810 with commission $34,274. - It has signed a recycle contract with NSW Container Deposit Scheme as a recycle ( can and bottle) pick up spot, the total commission is $10,067 for 2020 financial year. - As dry cleaner agent it charged 30% service fee with average income of $150 per week. - Lotto and Recycle commissions have been included in weekly takings shown.
Summary
- Features: Long established. - Same owner 22 years. -Regular customers. - Low rent. - New and long lease available.
- Potential: Ideal for a family business or first start business.- Expand parcel and recycle business.- Trading more hours on weekend to increase sales.
- Premises: Well presented shop with an area of approx. 65 m2 with large store room.
- Trading Hours: 7 days -Mon. - Fri. - 6:30 a.m. - 5:30 p.m. - Sat.-Sun. - 7 a.m.- 12 p.m.
- Lease: New lease available - Currently paying monthly rent. - CPI increases.
- Employees: One owner
- Sale Reason: Retiring after 22 years.
- Comments: The rent includes all outgoings. - Misc.- 1- Refers to bank merchant fee, lottery charges, insurance, security and account fee. - Net profit is income after GST payable. - 2 years account figures can be reviewed for interested buyers. - Keen vendor needs retirement, the sale price can be negotiable.
Disclaimer: Please note that the business information provided may be affected by COVID-19. Please speak to your broker for more information.
Weekly Summary
Weekly Takings
(inc GST)
$6,307
Cost of Goods
$3,718
Gross Profit
$2,589
Rent (ex GST)
$874
Telephone
$28
Electricity
$36
Misc1
$176
Total Expenses
$1,114
Estimated Stock (Additional)
$20,000
Net Profit
$1,475
Price
$80,000
+ Estimated SAV $20,000
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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.
