Visit this listing at https://www.sbx.com.au/business?id=SF1642

Business Code: SF1642

Key Features: Newsagency - Retail - Stationery - Gifts - Eastern Suburbs - Sydney NSW

State: NSW

Location: Well located in the best part of the busiest shopping area close to Uni, hospital, Tafe and major supermarkets in the Eastern Suburbs.

Description

Retail newsagency selling magazines, newspapers, stationery, confectionery, toys, cards, tobacco, phone cards, Opal transport tickets, lotto, blueshyft, drinks etc. - Western Union and parcels - Annual lotto sales per year approx. $470,000 with commission of $53,000 - Lots of potential for a motivated new owner. Stock is extra at $30,000 SAV

Summary

  • Features: Second level under construction for accommodation - Stable and secure business - Well established - Good lease - Outgoings included in the lease
  • Potential: Suitable for an investor, a family business or a single operator or couple - Could add more gifts and expand range
  • Premises: Retail premises with an area of 94 m2 and a room rented out for Alterations
  • Trading Hours: 6 days - Mon. - Fri. - 7:00 a.m. - 6:00 .p.m., Sat 7 a.m. - 5 p.m. and Sun. 7 a.m. - 12 p.m.
  • Lease: Current lease expires Sept.2022 + 3 year option - C.P.I. increases - 3 month bond
  • Employees: 2 full time owners + 1 casual
  • Comments:

Weekly Summary

Weekly Takings (inc GST)

$10,000

Cost of Goods

$6,000

Gross Profit

$4,000

Rent

$770

Wages

$500

Telephone

$20

Insurance

$20

Electricity

$50

Misc1

$210

Total Expenses

$1,570

Estimated Stock (Additional)

$30,000

Net Profit

$2,430

Price

$98,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Newsagency - Retail - Stationery - Gifts

Business Code: SF1642
Price: $98,000
+ Estimated SAV $30,000

Key Features: Newsagency - Retail - Stationery - Gifts - Eastern Suburbs - Sydney NSW

State: NSW

Location: Well located in the best part of the busiest shopping area close to Uni, hospital, Tafe and major supermarkets in the Eastern Suburbs.

Description

Retail newsagency selling magazines, newspapers, stationery, confectionery, toys, cards, tobacco, phone cards, Opal transport tickets, lotto, blueshyft, drinks etc. - Western Union and parcels - Annual lotto sales per year approx. $470,000 with commission of $53,000 - Lots of potential for a motivated new owner. Stock is extra at $30,000 SAV

Summary

  • Features: Second level under construction for accommodation - Stable and secure business - Well established - Good lease - Outgoings included in the lease
  • Potential: Suitable for an investor, a family business or a single operator or couple - Could add more gifts and expand range
  • Premises: Retail premises with an area of 94 m2 and a room rented out for Alterations
  • Trading Hours: 6 days - Mon. - Fri. - 7:00 a.m. - 6:00 .p.m., Sat 7 a.m. - 5 p.m. and Sun. 7 a.m. - 12 p.m.
  • Lease: Current lease expires Sept.2022 + 3 year option - C.P.I. increases - 3 month bond
  • Employees: 2 full time owners + 1 casual
  • Sale Reason: Retirement
  • Comments: Vendor has sub leased the shop to Alterations for $340 p.w. (Total rent is $1110 p.w. - Sub lease $340 = $770 p.a. ex gst )-
    Second level under construction for accommodation suitable for hotel, Air B&B or Student Hostel (STCA)
    Also provides Western Union Transfer money.- Parcels pick up / Ladbrokes credit / Go Get - Home delivery Jewish Newspaper.

Disclaimer: Please note that the business information provided may be affected by COVID-19. Please speak to your broker for more information.

Weekly Summary

Figures include GST unless stated otherwise

Weekly Takings

$10,000

Cost of Goods

$6,000

Gross Profit

$4,000

Rent (ex GST)

$770

Wages

$500

Telephone

$20

Insurance

$20

Electricity

$50

Misc1

$210

Total Expenses

$1,570

Estimated Stock (Additional)

$30,000

Net Profit

$2,430

Price

$98,000
+ Estimated SAV $30,000

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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.