South Sydney
NSW
$230,000
Newsagency - RetailPrice: $180,000Net Profit: $2,155 |
Visit this listing at https://www.sbx.com.au/business?id=M2205 |
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Business Code: M2205 Key Features: Newsagency - Lower North Shore - 5 days - Low rent - Nets $2155 p.w. State: NSW Location: Top location in high foot traffic area of major shopping centre in Lower North Shore area. DescriptionRetail newsagency mainly selling lotto, cards, magazines, stationery and newspapers etc. The takings include lotto and scratch sales average $13610 per week with 12% of commission $1633 per week. Currently only trading 5 days with short trading hours 9:30 a.m.-.6.p.m. ( Mon.- Fri. ) due to the vendors health problem.
Summary
Disclaimer: The images shown are stock photos and are for illustrative purposes only and do not represent the actual business for sale. 
Weekly SummaryWeekly Takings (inc GST)$18,000Cost of Goods$14,795Gross Profit$3,205Rent$770Telephone$15Insurance$20Electricity$45Misc1$150Misc2$50Total Expenses$1,050Estimated Stock (Additional)$20,000Net Profit$2,155Price$180,000 |
Contact SBXNSW (02) 9439 4403 QLD / VIC 1300 366 655 Email sales@sbx.com.au |
Newsagency - Retail
Business Code: M2205Price: $180,000
+ Estimated Stock (SAV) $20,000
Key Features: Newsagency - Lower North Shore - 5 days - Low rent - Nets $2155 p.w.
State: NSW
Location: Top location in high foot traffic area of major shopping centre in Lower North Shore area.
Business Overview
Retail newsagency mainly selling lotto, cards, magazines, stationery and newspapers etc. The takings include lotto and scratch sales average $13610 per week with 12% of commission $1633 per week. Currently only trading 5 days with short trading hours 9:30 a.m.-.6.p.m. ( Mon.- Fri. ) due to the vendors health problem.
Summary
- Key Features: Great and busy location. - No competition. Easy to operate. - Short trading hours. - New 5 years lease available with cheap rent. - Great growing potential. - Well priced.
- Potential: Could restore normal trading hours 7 am to 6 pm ( Monday to Friday ) and 8 am to 2 pm. ( Saturday ) to increase sales. - Could add tobacco products ( lease permitted ) and increase soft drink items to boost sales and profit.
- Premises: Well presented shop with area of 55 m2.
- Trading Hours: 5 days - Monday to Friday - 9:30 a.m to 6 p.m.
- Lease: New 5 years available without refurbish requirement. - 4% increases - 3 months bond.
- Employees: One owner
- Sale Reason: Health reasons
- Comments: Misc.- 1- Refers to lotto charge fee. - Misc.- 2 - Accountant fees etc. - Keen vendor wants to quick sale duo to heath reason. - A good buy opportunity. - The shop POS can be reviewed on meeting. - A must to inspect. Please be discreet when visiting the premises.
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
$18,000
Cost of Goods
$14,795
Gross Profit
$3,205
Rent (ex GST)
$770
Telephone
$15
Insurance
$20
Electricity
$45
Misc1
$150
Misc2
$50
Total Expenses
$1,050
Estimated Stock (Additional)
$20,000
Net Profit
$2,155
Price
$180,000
+ Estimated Stock (SAV) $20,000
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