Central Coast
NSW
$220,000
Newsagency - Retail - Gifts - CardsPrice: $68,000Net Profit: $2,542 |
Visit this listing at https://www.sbx.com.au/business?id=SF1291 |
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Business Code: SF1291 Key Features: Newsagency - PRICE DROP - WIWO - Darlinghurst - Kings Cross - City Fringe State: NSW Suburb: Potts Point, 2011 Location: Centrally located in a very busy village plaza with high foot traffic in the City Fringe near new developments, cafes, pubs and surrounded by retail and residential. DescriptionNewsagency with a recent $20K update on Lotto counters - Selling lotto, papers, magazines, greeting cards, stationery, tobacco, cigarettes, drinks, confectionery, phone cards, mobile phone accessories, toys and stamps - photocopy and fax service.- Yearly Lotto sales over $1M with generated commission approx $105K per year - LED light has been installed in store. - CCTV camera - Hubbed courier service, blue shift service and N Parcel and Western Union money transfer.- Priced for WIWO quick sale with 1 week trial -Price is plus stock at value approx $70,000. Summary
Weekly SummaryWeekly Takings (inc GST)$17,300Cost of Goods$12,000Gross Profit$5,300Rent$2,413Telephone$25Insurance$50Electricity$150Misc1$120Total Expenses$2,758Estimated Stock (Additional)$70,000Net Profit$2,542Price$68,000 |
Contact SBXNSW (02) 9439 4403 QLD / VIC 1300 366 655 Email sales@sbx.com.au |
Newsagency - Retail - Gifts - Cards
Business Code: SF1291
Price: $68,000
+ Estimated SAV $70,000
Key Features: Newsagency - PRICE DROP - WIWO - Darlinghurst - Kings Cross - City Fringe
State: NSW
Suburb: Potts Point, 2011
Location: Centrally located in a very busy village plaza with high foot traffic in the City Fringe near new developments, cafes, pubs and surrounded by retail and residential.
Description
Newsagency with a recent $20K update on Lotto counters - Selling lotto, papers, magazines, greeting cards, stationery, tobacco, cigarettes, drinks, confectionery, phone cards, mobile phone accessories, toys and stamps - photocopy and fax service.- Yearly Lotto sales over $1M with generated commission approx $105K per year - LED light has been installed in store. - CCTV camera - Hubbed courier service, blue shift service and N Parcel and Western Union money transfer.- Priced for WIWO quick sale with 1 week trial -Price is plus stock at value approx $70,000.
Summary
- Features: Great location - High foot traffic - Regular and loyal customers. - Best lottery sales in the area - Close to train station - Well established and known in the area - Built up area with lots of apartments - Below a small hotel
- Potential: Longer trading hours are allowed under zoning - Many new developments and apartments have already opened nearby - Increase stock variety and add gifts - Add dry cleaning - Change to any other business (STA) -Update the front of the shop for more exposure
- Premises: Highly visible shop front below a small hotel 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: 1 owner - 1 casuals wages of $350 p.w. has been removed from wages and shown in profit as for 1.5 owners)
- Sale Reason: One partner moving interstate
- Comments: Misc 1 - Other general expenses. This is a great business in a very busy location with lots of cafes, pubs, retail and residential nearby - POS browser system in place. - Recent $20K update on Lotto counters - Multiple first division Prize wins in this shop including one syndicate in March 2020.
Motivated vendor, price drop and priced to sell! Sales strong - WIWO - 1 week Trial if required after exchange of contract - A must to inspect but please be discreet!
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)
$17,300
Cost of Goods
$12,000
Gross Profit
$5,300
Rent (ex GST)
$2,413
Telephone
$25
Insurance
$50
Electricity
$150
Misc1
$120
Total Expenses
$2,758
Estimated Stock (Additional)
$70,000
Net Profit
$2,542
Price
$68,000
+ Estimated SAV $70,000
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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.
