Visit this listing at https://www.sbx.com.au/business?id=ML1046

Business Code: ML1046

Key Features: Secure business - New lease with 30% discounted rent.

State: NSW

Location: Prime position in Eastern Suburbs shopping centre next to major supermarket.

Description

Full newsagency selling newspapers, magazines, books, cards, stationery, tobacco, drinks, phone cards, bus tickets, and lotto.-Current years lotto sales $1,818,837 with commission of $181,883 a year.

Summary

  • Features: Top location. - Very stable. - Secure business. - No paper deliveries.- Well priced
  • Potential: Suit family business. More products could increase profit.
  • Premises: This business has an area of 110 sq. mts.
  • Trading Hours: 7 days - Mon. - Sun. - 8:30 a.m - 7:00 p.m.
  • Lease: New 5 year lease from Oct. 2019 - 5% increases annually.- 3 month bond (Rent has been reduced to $4195 p.w. from $6460 p.w.)
  • Employees: 2 owners + 4 - 5 casuals ( one owner fulltime and one owner 20 hours a week)
  • Comments: Miscell. 1 - Bank and accountants fees etc. - The Lotto commission almost covers the rent - Great chance to acquire a very secure and profitable business.

Weekly Summary

Weekly Takings (inc GST)

$53,363

Cost of Goods

$44,123

Gross Profit

$9,240

Rent

$4,195

Wages

$960

Telephone

$20

Insurance

$55

Electricity

$55

Misc1

$110

Total Expenses

$5,395

Estimated Stock (Additional)

$80,000

Net Profit

$3,845

Price

$250,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Newsagency

Business Code: ML1046

Key Features: Secure business - New lease with 30% discounted rent.

State: NSW

Location: Prime position in Eastern Suburbs shopping centre next to major supermarket.

Description

Full newsagency selling newspapers, magazines, books, cards, stationery, tobacco, drinks, phone cards, bus tickets, and lotto.-Current years lotto sales $1,818,837 with commission of $181,883 a year.

Summary

  • Features: Top location. - Very stable. - Secure business. - No paper deliveries.- Well priced
  • Potential: Suit family business. More products could increase profit.
  • Premises: This business has an area of 110 sq. mts.
  • Trading Hours: 7 days - Mon. - Sun. - 8:30 a.m - 7:00 p.m.
  • Lease: New 5 year lease from Oct. 2019 - 5% increases annually.- 3 month bond (Rent has been reduced to $4195 p.w. from $6460 p.w.)
  • Employees: 2 owners + 4 - 5 casuals ( one owner fulltime and one owner 20 hours a week)
  • Comments: Miscell. 1 - Bank and accountants fees etc. - The Lotto commission almost covers the rent - Great chance to acquire a very secure and profitable business.

Weekly Summary

Weekly Takings
(inc GST)

$53,363

Cost of Goods

$44,123

Gross Profit

$9,240

Rent (ex GST)

$4,195

Wages

$960

Telephone

$20

Insurance

$55

Electricity

$55

Misc1

$110

Total Expenses

$5,395

Estimated Stock (Additional)

$80,000

Net Profit

$3,845

Price

$250,000

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