Visit this listing at https://www.sbx.com.au/business?id=PM1065

Business Code: PM1065

Key Features: Newsagency - Incredible lotto sales -Takings over $63,000 p.w. - Western Sydney

State: NSW

Location: Great location in well established shopping centre in high growth area of Western Sydney.

Description

Newsagency selling newspapers, magazines, lotto, scratchies, stationery, cards, school books, toys, phone cards, gift items, confectionery etc. - Lotto sales over $3,000,000. per year with a 10% commission of $300,000. per year from Lotto. - Lotto sales are included in weekly takings. CCTV monitoring and back to base alarm system. The Lotto counter is up to date with all the latest features and situated in the best position of the store to capitalise on sales. Please note - Owners wages have been included in weekly Profit. NOTE: Price includes approx. $100,000 stock.

Summary

  • Features: Recently renovated in June 24 with a $80,000 upgrade. Over $3,000,000. in Lotto sales with 10% + commission. Price includes approx. $100,000 stock.
  • Potential: Would suit family. This business presents plenty of additional opportunities to increase takings such as: Introduction of tobacco products - Add Western Union sales - Sell fresh flowers - Explore the opportunity of introducing Australia Post.
  • Premises: Well presented retail premises with a an area of 370 sq. mts . This shop was renovated in June 2024 costing $80K
  • Trading Hours: 7 days - Monday to Wednesday: 9:00 am to 5:30 pm. Thursday: 9:00 am to 9:00 pm. Friday: 9:00 am to 5:30 pm. Saturday: 9:00am to 5:00pm Sunday: 10:00am to 4:00pm
  • Lease: Current lease expires 22nd December 2028 - 5% rental increases yearly - 3 months bond. .
  • Employees: 1 owner + 3 casuals
  • Sale Reason: Retirement
  • Comments: Outgoings are gst inclusive and include: marketing levi, council rates, land tax, air conditioning , insurance, water rates and tenant waste -
    All interested buyers must arrange a meeting with the vendor through their SBX broker. NOTE: Price includes approx. $100,000 stock.
    Misc.-1 - Bank Fees & Courier Fees

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)

$63,746

Cost of Goods

$53,888

Gross Profit

$9,858

Rent

$3,675

Wages

$1,000

Outgoings

$1,150

Telephone

$30

Insurance

$38

Electricity

$105

Misc1

$230

Total Expenses

$6,228

Net Profit

$3,630

Price

$400,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Newsagency - Lotto

Business Code: PM1065
Price: $400,000

Key Features: Newsagency - Incredible lotto sales -Takings over $63,000 p.w. - Western Sydney

State: NSW

Location: Great location in well established shopping centre in high growth area of Western Sydney.

Description

Newsagency selling newspapers, magazines, lotto, scratchies, stationery, cards, school books, toys, phone cards, gift items, confectionery etc. - Lotto sales over $3,000,000. per year with a 10% commission of $300,000. per year from Lotto. - Lotto sales are included in weekly takings. CCTV monitoring and back to base alarm system. The Lotto counter is up to date with all the latest features and situated in the best position of the store to capitalise on sales. Please note - Owners wages have been included in weekly Profit. NOTE: Price includes approx. $100,000 stock.

Summary

  • Features: Recently renovated in June 24 with a $80,000 upgrade. Over $3,000,000. in Lotto sales with 10% + commission. Price includes approx. $100,000 stock.
  • Potential: Would suit family. This business presents plenty of additional opportunities to increase takings such as: Introduction of tobacco products - Add Western Union sales - Sell fresh flowers - Explore the opportunity of introducing Australia Post.
  • Premises: Well presented retail premises with a an area of 370 sq. mts . This shop was renovated in June 2024 costing $80K
  • Trading Hours: 7 days - Monday to Wednesday: 9:00 am to 5:30 pm. Thursday: 9:00 am to 9:00 pm. Friday: 9:00 am to 5:30 pm. Saturday: 9:00am to 5:00pm Sunday: 10:00am to 4:00pm
  • Lease: Current lease expires 22nd December 2028 - 5% rental increases yearly - 3 months bond. .
  • Employees: 1 owner + 3 casuals
  • Sale Reason: Retirement
  • Comments: Outgoings are gst inclusive and include: marketing levi, council rates, land tax, air conditioning , insurance, water rates and tenant waste -
    All interested buyers must arrange a meeting with the vendor through their SBX broker. NOTE: Price includes approx. $100,000 stock.
    Misc.-1 - Bank Fees & Courier Fees

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

$63,746

Cost of Goods

$53,888

Gross Profit

$9,858

Rent (ex GST)

$3,675

Wages

$1,000

Outgoings

$1,150

Telephone

$30

Insurance

$38

Electricity

$105

Misc1

$230

Total Expenses

$6,228

Net Profit

$3,630

Price

$400,000

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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.