Newcastle Area
NSW
$235,000
NewsagencyPrice: $150,000Net Profit: $3,845 |
Visit this listing at https://www.sbx.com.au/business?id=ML1046 |
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Business Code: ML1046 Key Features: Newsagency - Shopping centre - Eastern Suburbs - New lease available State: NSW Location: Prime position in Eastern Suburbs shopping centre next to major supermarket. DescriptionFull 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
Weekly SummaryWeekly Takings (inc GST)$53,363Cost of Goods$44,123Gross Profit$9,240Rent$4,195Wages$960Telephone$20Insurance$55Electricity$55Misc1$110Total Expenses$5,395Estimated Stock (Additional)$80,000Net Profit$3,845Price$150,000 |
Contact SBXNSW (02) 9439 4403 QLD / VIC 1300 366 655 Email sales@sbx.com.au |
Newsagency
Business Code: ML1046
Price: $150,000
+ Estimated SAV $80,000
Key Features: Newsagency - Shopping centre - Eastern Suburbs - New lease available
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)
- Sale Reason: Another business venture.
- 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.
Disclaimer: Please note that the business information provided may be affected by COVID-19. Please speak to your broker for more information.
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
$150,000
+ Estimated SAV $80,000
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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.
