Visit this listing at https://www.sbx.com.au/business?id=M2132

Business Code: M2132

Key Features: Newsagency - Great lotto sales - Profit $2900 p.w.

State: NSW

Location: Prime location in premium shopping centre of Inner West suburb.

Description

Newsagency selling lotto, cards, confectionery, stationery, party ware, giftware, cigarettes, school books and phone cards etc. - The weekly takings include lotto sales. - Lotto sales was 2.05 million in year 2021 versus 2.6 million pre Covid. - Listed in top 100 lotto sales in NSW. - The more lotto sales the more profit. - This is a very easily operated business.

Summary

  • Features: Perfect location. - Easy to run. - Great growth potential.
  • Potential: Could sell magazines. - Add more giftware. -Ideal for family business. - If lotto sales regain to average 2.6 million after market recovery the nett profit could increase $60,000 a year.
  • Premises: Modern designed and kiosk style business with an area approx. 50 m2.
  • Trading Hours: 7 days - Mon. - Sat. - 9 a.m. - 6 p.m. - Thurs. till 9 p.m. - Sun.- 10 a.m - 5 p.m.
  • Lease: 7 years lease expires Aug. 2025. -5% increases. - 3 months bond.
  • Employees: One owner plus one casual
  • Comments:

Weekly Summary

Weekly Takings (inc GST)

$47,000

Cost of Goods

$39,490

Gross Profit

$7,510

Rent

$3,987

Wages

$400

Telephone

$5

Insurance

$50

Electricity

$28

Misc1

$140

Total Expenses

$4,610

Estimated Stock (Additional)

$35,000

Net Profit

$2,900

Price

$250,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Newsagency - Lotto - Retail

Business Code: M2132
Price: $250,000
+ Estimated SAV $35,000

Key Features: Newsagency - Great lotto sales - Profit $2900 p.w.

State: NSW

Location: Prime location in premium shopping centre of Inner West suburb.

Description

Newsagency selling lotto, cards, confectionery, stationery, party ware, giftware, cigarettes, school books and phone cards etc. - The weekly takings include lotto sales. - Lotto sales was 2.05 million in year 2021 versus 2.6 million pre Covid. - Listed in top 100 lotto sales in NSW. - The more lotto sales the more profit. - This is a very easily operated business.

Summary

  • Features: Perfect location. - Easy to run. - Great growth potential.
  • Potential: Could sell magazines. - Add more giftware. -Ideal for family business. - If lotto sales regain to average 2.6 million after market recovery the nett profit could increase $60,000 a year.
  • Premises: Modern designed and kiosk style business with an area approx. 50 m2.
  • Trading Hours: 7 days - Mon. - Sat. - 9 a.m. - 6 p.m. - Thurs. till 9 p.m. - Sun.- 10 a.m - 5 p.m.
  • Lease: 7 years lease expires Aug. 2025. -5% increases. - 3 months bond.
  • Employees: One owner plus one casual
  • Sale Reason: Going overseas
  • Comments: The rent includes all outgoings. - Misc.- 1 -Bank Fees - An easy life style business with good profit. - POS figures and lotto sales report are available to review. - Price negotiable 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. 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

$47,000

Cost of Goods

$39,490

Gross Profit

$7,510

Rent (ex GST)

$3,987

Wages

$400

Telephone

$5

Insurance

$50

Electricity

$28

Misc1

$140

Total Expenses

$4,610

Estimated Stock (Additional)

$35,000

Net Profit

$2,900

Price

$250,000
+ Estimated SAV $35,000

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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.