Visit this listing at https://www.sbx.com.au/business?id=SF1291

Business Code: SF1291

Key Features: Newsagency - Potts Point - Profit $2827 p.w. - Busy Area in Shopping Plaza

State: NSW

Suburb: Potts Point, 2011

Location: Centrally located in a very busy village plaza in the City Fringe near new developments and surrounded by retail and residential.

Description

Newsagency selling lotto, papers, magazines, greeting cards, stationery, tobacco, cigarettes, drinks, confectionery, opal card, phone cards, mobile phone accessories, toys and stamps - photocopy and fax service.- 4 sub agents all nearby - Home delivery only in the local residential area. - Hospital delivery with full commission. Lotto sales average $15K p.w. - New LED light has been installed in store. - New CCTV camera - Newly approved N Parcel and Western Union money transfer.

Summary

  • Features: Great location - Good foot traffic - Regular customers. - Best lottery sales in the area - Close to train station -Well established - High profit margins - High foot traffic.
  • Potential: Longer trading hours are allowed under zoning - Many new developments and apartments opening nearby - Increase stock variety and add gifts - Add dry cleaning
  • Premises: Highly visible shop front with excellent fixtures and good layout. Large shop with storage area, office, mezzanine level and toilet and total area of 138 sq. mts.
  • Trading Hours: 7 -days - Mon. - Sat. - 7 a.m. till 7 p.m. - Sun. - 7 a.m. till 5.30 p.m.
  • Lease: Sep 16 till Sep 23. - 2.5% increases - 3 month bond.
  • Employees: 2 owners - 1 casual - 1 delivery man
  • Comments: Misc 1 - Other general expenses. This is a great business in a very busy location with lots of retail and residential nearby . - POS browser system in place. - Sales records and P & L are available after a meeting - Motivated vendor - A must to inspect but please be discreet.

Weekly Summary

Weekly Takings (inc GST)

$24,500

Cost of Goods

$17,975

Gross Profit

$6,525

Rent

$2,413

Wages

$850

Telephone

$25

Insurance

$50

Electricity

$160

Misc1

$200

Total Expenses

$3,698

Estimated Stock (Additional)

$70,000

Net Profit

$2,827

Price

$138,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Newsagency

Business Code: SF1291
Price: $138,000

Key Features: Newsagency - Potts Point - Profit $2827 p.w. - Busy Area in Shopping Plaza

State: NSW

Suburb: Potts Point, 2011

Location: Centrally located in a very busy village plaza in the City Fringe near new developments and surrounded by retail and residential.

Description

Newsagency selling lotto, papers, magazines, greeting cards, stationery, tobacco, cigarettes, drinks, confectionery, opal card, phone cards, mobile phone accessories, toys and stamps - photocopy and fax service.- 4 sub agents all nearby - Home delivery only in the local residential area. - Hospital delivery with full commission. Lotto sales average $15K p.w. - New LED light has been installed in store. - New CCTV camera - Newly approved N Parcel and Western Union money transfer.

Summary

  • Features: Great location - Good foot traffic - Regular customers. - Best lottery sales in the area - Close to train station -Well established - High profit margins - High foot traffic.
  • Potential: Longer trading hours are allowed under zoning - Many new developments and apartments opening nearby - Increase stock variety and add gifts - Add dry cleaning
  • Premises: Highly visible shop front with excellent fixtures and good layout. Large shop with storage area, office, mezzanine level and toilet and total area of 138 sq. mts.
  • Trading Hours: 7 -days - Mon. - Sat. - 7 a.m. till 7 p.m. - Sun. - 7 a.m. till 5.30 p.m.
  • Lease: Sep 16 till Sep 23. - 2.5% increases - 3 month bond.
  • Employees: 2 owners - 1 casual - 1 delivery man
  • Comments: Misc 1 - Other general expenses. This is a great business in a very busy location with lots of retail and residential nearby . - POS browser system in place. - Sales records and P & L are available after a meeting - Motivated vendor - A must to inspect but please be discreet.

Weekly Summary

Weekly Takings
(inc GST)

$24,500

Cost of Goods

$17,975

Gross Profit

$6,525

Rent (ex GST)

$2,413

Wages

$850

Telephone

$25

Insurance

$50

Electricity

$160

Misc1

$200

Total Expenses

$3,698

Estimated Stock (Additional)

$70,000

Net Profit

$2,827

Price

$138,000

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