Visit this listing at https://www.sbx.com.au/business?id=SFA1015

Business Code: SFA1015

Key Features: Newsagency - Western Suburbs - Sales $10,000 p.w. - Nets $2449 p.w.

State: NSW

Suburb: Colyton, 2760

Location: Situated in convenient shopping village surrounded by residential homes in the Western suburbs

Description

Newsagency selling magazines, newspapers, soft drinks, cards, stationery, tobacco, confectionery etc. - Turnover includes $67,953 yearly lotto commission - ATM rental income $27,272 - Magazine commission $8,930 - Cigarette commission $16,896. - Air-conditioning & CCTV - Fixtures are included in the selling price

Summary

  • Features: Loyal customers - Low rent - Established for over 30 years
  • Potential: Could sell opal cards - Increase grocery items - Can offer parcel pickup, parcel logistics and money transfer service - Place more vending machines
  • Premises: This business has separate storage, and an area of 100 sq. mts.
  • Trading Hours: 7 days - Mon. - Fri. - 7 a.m.- 6 p.m. - Sat.- 7 a.m. - 2 p.m. - Sun. - 7 a.m. - 12 p.m.
  • Lease: Current lease expires July, 2021 - 3 year option available - 3 month bond
  • Employees: 1 owner
  • Comments:

Weekly Summary

Weekly Takings (inc GST)

$10,000

Cost of Goods

$6,175

Gross Profit

$3,825

Rent

$837

Telephone

$10

Insurance

$40

Electricity

$53

Misc1

$148

Misc2

$288

Total Expenses

$1,376

Estimated Stock (Additional)

$25,000

Net Profit

$2,449

Price

$160,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Newsagency

Business Code: SFA1015
Price: $160,000

Key Features: Newsagency - Western Suburbs - Sales $10,000 p.w. - Nets $2449 p.w.

State: NSW

Suburb: Colyton, 2760

Location: Situated in convenient shopping village surrounded by residential homes in the Western suburbs

Description

Newsagency selling magazines, newspapers, soft drinks, cards, stationery, tobacco, confectionery etc. - Turnover includes $67,953 yearly lotto commission - ATM rental income $27,272 - Magazine commission $8,930 - Cigarette commission $16,896. - Air-conditioning & CCTV - Fixtures are included in the selling price

Summary

  • Features: Loyal customers - Low rent - Established for over 30 years
  • Potential: Could sell opal cards - Increase grocery items - Can offer parcel pickup, parcel logistics and money transfer service - Place more vending machines
  • Premises: This business has separate storage, and an area of 100 sq. mts.
  • Trading Hours: 7 days - Mon. - Fri. - 7 a.m.- 6 p.m. - Sat.- 7 a.m. - 2 p.m. - Sun. - 7 a.m. - 12 p.m.
  • Lease: Current lease expires July, 2021 - 3 year option available - 3 month bond
  • Employees: 1 owner
  • Sale Reason: Retiring
  • Comments: Misc.- 1 - Other general expenses - Profitable newsagency that would suit couple - $20,000 lotto upgrade booked in for refurbishment to be completed in May - Able to provide Financial Statements for year ended 30 June, 2019.

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)

$10,000

Cost of Goods

$6,175

Gross Profit

$3,825

Rent (ex GST)

$837

Telephone

$10

Insurance

$40

Electricity

$53

Misc1

$148

Misc2

$288

Total Expenses

$1,376

Estimated Stock (Additional)

$25,000

Net Profit

$2,449

Price

$160,000

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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.