Visit this listing at https://www.sbx.com.au/business?id=M2128

Business Code: M2128

Key Features: Newsagency - Eastern Suburbs - Sydney Net $3,150 p.w, - Bargain offer.

State: NSW

Location: Prime location in Shopping Plaza in Eastern Suburbs.

Description

Newsagency selling lotto, newspapers, magazines, stationery, confectionery, cards, gifts and Asian groceries etc. Weekly sales include parcel income around $700 p.w. and lotto sales - current year $1,134,340 with commission $117,270. Stock is extra at estimated $40,000 SAV.

Summary

  • Features: Good location. Long established. High quality fitout. Well priced for quick capital return.
  • Potential: Ideal for family business. Could add cigarette sales. Could add more gifts and toys to increase sales.
  • Premises: Well presented shop with an area of approx. 200 m2.
  • Trading Hours: 7 days, Monday to Friday: 7:30 am to 6 pm. Saturday & Sunday: 8:30 am to 5 pm.
  • Lease: Current monthly rent payable. New lease will be negotiable between the buyer and landlord.
  • Employees: One owner + one casual
  • Sale Reason: Family reasons.
  • Comments: The rent includes all outgoings Long established and vendor has owned the business for 13 years. All figures can be reviewed at meeting. Bargain offer for quick sale.

Disclaimer: The images shown are stock photos and are for illustrative purposes only and do not represent the actual business for sale.

Weekly Summary

Weekly Takings (inc GST)

$33,390

Cost of Goods

$26,945

Gross Profit

$6,445

Rent

$2,423

Wages

$500

Telephone

$20

Insurance

$50

Electricity

$302

Total Expenses

$3,295

Estimated Stock (Additional)

$40,000

Net Profit

$3,150

Price

$80,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Newsagancy - Lotto - Retail

Business Code: M2128
Price: $80,000
+ Estimated Stock (SAV) $40,000

Key Features: Newsagency - Eastern Suburbs - Sydney Net $3,150 p.w, - Bargain offer.

State: NSW

Location: Prime location in Shopping Plaza in Eastern Suburbs.

Business Overview

Newsagency selling lotto, newspapers, magazines, stationery, confectionery, cards, gifts and Asian groceries etc. Weekly sales include parcel income around $700 p.w. and lotto sales - current year $1,134,340 with commission $117,270. Stock is extra at estimated $40,000 SAV.

Summary

  • Key Features: Good location. Long established. High quality fitout. Well priced for quick capital return.
  • Potential: Ideal for family business. Could add cigarette sales. Could add more gifts and toys to increase sales.
  • Premises: Well presented shop with an area of approx. 200 m2.
  • Trading Hours: 7 days, Monday to Friday: 7:30 am to 6 pm. Saturday & Sunday: 8:30 am to 5 pm.
  • Lease: Current monthly rent payable. New lease will be negotiable between the buyer and landlord.
  • Employees: One owner + one casual
  • Sale Reason: Family reasons.
  • Comments: The rent includes all outgoings Long established and vendor has owned the business for 13 years. All figures can be reviewed at meeting. Bargain offer for quick sale.

Disclaimer: The images shown are stock photos and are for illustrative purposes only and do not represent the actual business for sale.

Weekly Summary

Figures include GST unless stated otherwise

Weekly Takings

$33,390

Cost of Goods

$26,945

Gross Profit

$6,445

Rent (ex GST)

$2,423

Wages

$500

Telephone

$20

Insurance

$50

Electricity

$302

Total Expenses

$3,295

Estimated Stock (Additional)

$40,000

Net Profit

$3,150

Price

$80,000
+ Estimated Stock (SAV) $40,000

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All business and financial information provided is supplied by the vendor. SBX Business Brokers does not verify, adjust or interpret financial data. Buyers must rely on their own enquiries and independent professional advice. SBX Business Brokers accepts no liability for decisions made based on vendor-supplied information.