Visit this listing at https://www.sbx.com.au/business?id=M2105

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.

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
  • Comments:

Weekly Summary

Weekly Takings (inc GST)

$6,307

Cost of Goods

$3,718

Gross Profit

$2,589

Rent

$874

Telephone

$28

Electricity

$36

Misc1

$176

Total Expenses

$1,114

Estimated Stock (Additional)

$20,000

Net Profit

$1,475

Price

$80,000

Contact SBX

NSW (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.