Visit this listing at https://www.sbx.com.au/business?id=MF1021

Business Code: MF1021

Key Features: Newsagency with no competition

State: QLD

Location: Excellent location in a village shopping centre close to Gold Coast

Description

Newsagency selling newspapers, magazines, cards, stationery, drinks, confectionery, cigarettes and giftware. - Lotto commission approx. $200k per year included in takings and growing - Sales are increasing every year.

Summary

  • Features: Good rent - Regular client base - No competition. - Well presented premises.
  • Potential: Could add new products. - Great business for husband and wife team.
  • Premises: This business has an area of 95 sq. mts. and is in excellent condition.
  • Trading Hours: 7 days - Mon. - Fri. - 7:00 a.m.- 6:00 p.m. - Sat.- 7:30 a.m.- 5:30 p.m. - Sun. - 7:30 a.m. - 2:30 p.m.
  • Lease: Current lease expires Nov. 2019 + 5 + 5 year options - C.P.I. increases every year - 3 month bond.
  • Employees: 2 owners
  • Comments: Misc.-1- includes accountancy fees, computer & software support, air condition maintenance fee and equipment hire. (Lottery printer & computer) - From 1st July, 2019 the lotto commission will increase 1% - A must to inspect but please be discreet.

Weekly Summary

Weekly Takings (inc GST)

$49,076

Cost of Goods

$41,730

Gross Profit

$7,346

Rent

$1,109

Outgoings

$162

Telephone

$28

Insurance

$50

Electricity

$88

Misc1

$54

Total Expenses

$1,491

Estimated Stock (Additional)

$70,000

Net Profit

$5,855

Price

$495,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Newsagency - Retail

Business Code: MF1021
Price: $495,000

Key Features: Newsagency with no competition

State: QLD

Location: Excellent location in a village shopping centre close to Gold Coast

Description

Newsagency selling newspapers, magazines, cards, stationery, drinks, confectionery, cigarettes and giftware. - Lotto commission approx. $200k per year included in takings and growing - Sales are increasing every year.

Summary

  • Features: Good rent - Regular client base - No competition. - Well presented premises.
  • Potential: Could add new products. - Great business for husband and wife team.
  • Premises: This business has an area of 95 sq. mts. and is in excellent condition.
  • Trading Hours: 7 days - Mon. - Fri. - 7:00 a.m.- 6:00 p.m. - Sat.- 7:30 a.m.- 5:30 p.m. - Sun. - 7:30 a.m. - 2:30 p.m.
  • Lease: Current lease expires Nov. 2019 + 5 + 5 year options - C.P.I. increases every year - 3 month bond.
  • Employees: 2 owners
  • Comments: Misc.-1- includes accountancy fees, computer & software support, air condition maintenance fee and equipment hire. (Lottery printer & computer) - From 1st July, 2019 the lotto commission will increase 1% - A must to inspect but please be discreet.

Weekly Summary

Weekly Takings
(inc GST)

$49,076

Cost of Goods

$41,730

Gross Profit

$7,346

Rent (ex GST)

$1,109

Outgoings

$162

Telephone

$28

Insurance

$50

Electricity

$88

Misc1

$54

Total Expenses

$1,491

Estimated Stock (Additional)

$70,000

Net Profit

$5,855

Price

$495,000

 Print

Enquire about this listing



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.