South Sydney
NSW
$230,000
Newsagency - Tobacconist - RetailPrice: $348,000Net Profit: $3,500 |
Visit this listing at https://www.sbx.com.au/business?id=M2121F |
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Business Code: M2121F Key Features: Newsagency & tobacconist - Recently renovated - Netting $3500 p.w.- Inner West State: NSW Suburb: Erskineville, 2043 Location: Situated on busy road in Sydney Inner West. DescriptionNewsagency and tobacconist selling lotto, newspapers, magazines, cards, confectionery and tobacco products. - Lotto sales approx.$610,000 per annum Summary
Weekly SummaryWeekly Takings (inc GST)$28,000Cost of Goods$22,250Gross Profit$5,750Rent$1,215Wages$630Outgoings$50Telephone$30Insurance$50Electricity$75Misc1$200Total Expenses$2,250Estimated Stock (Additional)$30,000Net Profit$3,500Price$348,000 |
Contact SBXNSW (02) 9439 4403 QLD / VIC 1300 366 655 Email sales@sbx.com.au |
Newsagency - Tobacconist - Retail
Business Code: M2121FPrice: $348,000
+ Estimated SAV $30,000
Key Features: Newsagency & tobacconist - Recently renovated - Netting $3500 p.w.- Inner West
State: NSW
Suburb: Erskineville, 2043
Location: Situated on busy road in Sydney Inner West.
Parking: Street parking.
Description
Newsagency and tobacconist selling lotto, newspapers, magazines, cards, confectionery and tobacco products. - Lotto sales approx.$610,000 per annum
Summary
- Features: Well established - Long lease - Busy location - No competition - Shop has recently been renovated - New lotto station
- Potential: Improve giftware, stationery and card section - Improve tobacco accessories - add dry cleaning and parcel pick up services - suitable for husband and wife - large residential site nearby will be completed shortly which will bring more customers.
- Premises: This business has an area of approx.100 sq. mts.
- Trading Hours: 7 days - Mon. -Fri. - 6.30 a.m. - 6.30 p.m. -Sat. - 7.00 a.m. - 5.00 p.m. - Sun. - 7.00 a.m. - 3.00 p.m.
- Lease: Current lease expires June, 2022 + 5 year option - 3% rent increases per annum - 3 month bond requested
- Employees: One owner + one casual
- Sale Reason: Other business interests
- Comments: Misc. -1 - Refers to bank fees and shop security - The business has been going well during Covid - Good Inner West shopping street location - Easy to operate business with solid income.
Disclaimer: The images shown are stock photos and are for illustrative purposes only and do not represent the actual business for sale. Please note that the business information provided may be affected by COVID-19. Please speak to your broker for more information.
Weekly Summary
Figures include GST unless stated otherwise
Weekly Takings
$28,000
Cost of Goods
$22,250
Gross Profit
$5,750
Rent (ex GST)
$1,215
Wages
$630
Outgoings
$50
Telephone
$30
Insurance
$50
Electricity
$75
Misc1
$200
Total Expenses
$2,250
Estimated Stock (Additional)
$30,000
Net Profit
$3,500
Price
$348,000
+ Estimated SAV $30,000
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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.
