Visit this listing at https://www.sbx.com.au/business?id=M2122

Business Code: M2122

Key Features: Inner West Newsagency - Low rent - Net $1335 p.w.

State: NSW

Location: Prime street front location opposite railway station in Inner West suburb.

Description

Newsagency selling lotto, newspapers, magazines, cards, stationery, soft drinks, cigarettes etc. - The takings include lotto sales. -The gross profit includes lotto commission, ATM and post boxes income, pick up parcels plus can & bottles recycle commission. - The new lotto service station has been upgraded at cost of $35,000.in year 2020.

Summary

  • Features: Perfect location. - Long established. - Same owner 20 years. - Regular customers. - Low rent. - New long lease available.
  • Potential: Ideal for a family business or first start business.- Increase gift sales.- Add tobacco items. - Expand parcel and recycle business- . Trade more hours on weekend to increase sales.- Potential to set up post office subject to government approval.
  • Premises: Well presented shop with an area approx. 120 m2 including large store room, kitchen and toilet.
  • Trading Hours: 7 days - Mon. - Fri. - 6:30 a.m.- 6 p.m. - Sat. - 6:30 a.m.- 1:30 p.m. - Sun. - 6:30 a.m.- 12:30 p.m.
  • Lease: 2 + 1 year lease commenced 16th March,2022 - New longer lease available for the buyer if required.
  • Employees: 2 owners (rotating)
  • Comments:

Weekly Summary

Weekly Takings (inc GST)

$12,270

Cost of Goods

$10,020

Gross Profit

$2,250

Rent

$685

Outgoings

$150

Telephone

$20

Insurance

$30

Electricity

$30

Total Expenses

$915

Estimated Stock (Additional)

$30,000

Net Profit

$1,335

Price

$85,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Newsagency - Lotto - Retail

Business Code: M2122
Price: $85,000
+ Estimated SAV $30,000

Key Features: Inner West Newsagency - Low rent - Net $1335 p.w.

State: NSW

Location: Prime street front location opposite railway station in Inner West suburb.

Parking: Garage parking for 2 cars at rear..

Description

Newsagency selling lotto, newspapers, magazines, cards, stationery, soft drinks, cigarettes etc. - The takings include lotto sales. -The gross profit includes lotto commission, ATM and post boxes income, pick up parcels plus can & bottles recycle commission. - The new lotto service station has been upgraded at cost of $35,000.in year 2020.

Summary

  • Features: Perfect location. - Long established. - Same owner 20 years. - Regular customers. - Low rent. - New long lease available.
  • Potential: Ideal for a family business or first start business.- Increase gift sales.- Add tobacco items. - Expand parcel and recycle business- . Trade more hours on weekend to increase sales.- Potential to set up post office subject to government approval.
  • Premises: Well presented shop with an area approx. 120 m2 including large store room, kitchen and toilet.
  • Trading Hours: 7 days - Mon. - Fri. - 6:30 a.m.- 6 p.m. - Sat. - 6:30 a.m.- 1:30 p.m. - Sun. - 6:30 a.m.- 12:30 p.m.
  • Lease: 2 + 1 year lease commenced 16th March,2022 - New longer lease available for the buyer if required.
  • Employees: 2 owners (rotating)
  • Sale Reason: Retiring after 20 years.
  • Comments: Keen vendor needs retirement - well priced to sell - A must to inspect

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

$12,270

Cost of Goods

$10,020

Gross Profit

$2,250

Rent (ex GST)

$685

Outgoings

$150

Telephone

$20

Insurance

$30

Electricity

$30

Total Expenses

$915

Estimated Stock (Additional)

$30,000

Net Profit

$1,335

Price

$85,000
+ 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.