Visit this listing at https://www.sbx.com.au/business?id=SF1652

Business Code: SF1652

Key Features: Newsagency - Sutherland Shire - Netts $4,625 p.w.- Shopping centre location

State: NSW

Location: Situated in a local shopping centre near a major supermarket and next to escalator surrounded by retail, residential and schools in the Sutherland Shire.

Description

Newsagency - (Listed in top 100 lotto sales in NSW) - Currently selling newspapers, magazines, lotto, scratchies, stationery, cards, school books, phone cards, gift items, confectionery etc. - Lotto sales approx. $2.4 Million per year. - Lotto commission included in takings - Premises includes 1 security terminal and 4 cameras - New Lotto counter - Pre Covid sales $17,500 p.w. and profit of over $5K p.w. - Stock is extra at estimated $40,000 (SAV)

Summary

  • Features: Loyal customer base - New Lotto counter - Same owners 15 years - Great location. - No paper deliveries - High foot traffic
  • Potential: Could add cigarettes and soft drinks - Ideal for family business. Could add more gifts and toys to increase sales - Add other services
  • Premises: Well presented and good size shop in shopping centre which is newly renovated with an area of 95 m2
  • Trading Hours: 7 days - Mon. - Fri. - 8.30 a.m. - 5:30 p.m , Sat.- 8.30 a.m. - 5 p.m. and Sun. - 9.00 a.m. - 4 p.m.
  • Lease: 5 year lease expires April, 2024 - 4% Increases - 3 month bond
  • Employees: 2 owners + 2 casuals
  • Comments:

Weekly Summary

Weekly Takings (inc GST)

$15,805

Cost of Goods

$6,800

Gross Profit

$9,005

Rent

$2,800

Wages

$450

Outgoings

$480

Insurance

$45

Electricity

$60

Misc1

$545

Total Expenses

$4,380

Estimated Stock (Additional)

$40,000

Net Profit

$4,625

Price

$440,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Newsagency - Retail - Stationery - Gifts

Business Code: SF1652
Price: $440,000
+ Estimated SAV $40,000

Key Features: Newsagency - Sutherland Shire - Netts $4,625 p.w.- Shopping centre location

State: NSW

Location: Situated in a local shopping centre near a major supermarket and next to escalator surrounded by retail, residential and schools in the Sutherland Shire.

Description

Newsagency - (Listed in top 100 lotto sales in NSW) - Currently selling newspapers, magazines, lotto, scratchies, stationery, cards, school books, phone cards, gift items, confectionery etc. - Lotto sales approx. $2.4 Million per year. - Lotto commission included in takings - Premises includes 1 security terminal and 4 cameras - New Lotto counter - Pre Covid sales $17,500 p.w. and profit of over $5K p.w. - Stock is extra at estimated $40,000 (SAV)

Summary

  • Features: Loyal customer base - New Lotto counter - Same owners 15 years - Great location. - No paper deliveries - High foot traffic
  • Potential: Could add cigarettes and soft drinks - Ideal for family business. Could add more gifts and toys to increase sales - Add other services
  • Premises: Well presented and good size shop in shopping centre which is newly renovated with an area of 95 m2
  • Trading Hours: 7 days - Mon. - Fri. - 8.30 a.m. - 5:30 p.m , Sat.- 8.30 a.m. - 5 p.m. and Sun. - 9.00 a.m. - 4 p.m.
  • Lease: 5 year lease expires April, 2024 - 4% Increases - 3 month bond
  • Employees: 2 owners + 2 casuals
  • Sale Reason: Owners retiring after 15 years
  • Comments: Misc.- 1 - Other general expenses - Keen vendor needs retirement -
    First time on the market and a must to inspect.

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

$15,805

Cost of Goods

$6,800

Gross Profit

$9,005

Rent (ex GST)

$2,800

Wages

$450

Outgoings

$480

Insurance

$45

Electricity

$60

Misc1

$545

Total Expenses

$4,380

Estimated Stock (Additional)

$40,000

Net Profit

$4,625

Price

$440,000
+ Estimated SAV $40,000

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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.