Visit this listing at https://www.sbx.com.au/business?id=M2205

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.

Description

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

  • 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

Weekly Takings (inc GST)

$18,000

Cost of Goods

$14,795

Gross Profit

$3,205

Rent

$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

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Newsagency - Retail

Business Code: M2205
Price: $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.

Description

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

  • 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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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.