Sydney City Fringe
NSW
$129,000
Newsagency - LottoPrice: $160,000Net Profit: $2,308 |
Visit this listing at https://www.sbx.com.au/business?id=SM1492 |
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Business Code: SM1492 Key Features: Newsagency - Established 38 years Net $2308 p.w.- Northern Beaches - Syd State: NSW Location: Situated within a village style shopping centre with a major supermarket, cafes, bank, restaurants, library and a primary school opposite. DescriptionNewsagency selling magazines, newspapers, stationery, cards, gifts and Opal cards. Lotto sales are approximately $970,000 per year with commission of $97,000 which has been included in takings shown. CCTV monitoring and back to base alarm system. Large storage for secondary on-line business. Profit shown is for two working owners in the business with no wages .
Summary
Disclaimer: The images shown are stock photos and are for illustrative purposes only and do not represent the actual business for sale. 
Weekly SummaryWeekly Takings (inc GST)$18,120Cost of Goods$13,320Gross Profit$4,800Rent$1,217Wages$1,100Telephone$40Insurance$65Electricity$50Misc1$20Total Expenses$2,492Estimated Stock (Additional)$50,000Net Profit$2,308Price$160,000 |
Contact SBXNSW (02) 9439 4403 QLD / VIC 1300 366 655 Email sales@sbx.com.au |
Newsagency - Lotto
Business Code: SM1492Price: $160,000
+ Estimated Stock (SAV) $50,000
Key Features: Newsagency - Established 38 years Net $2308 p.w.- Northern Beaches - Syd
State: NSW
Location: Situated within a village style shopping centre with a major supermarket, cafes, bank, restaurants, library and a primary school opposite.
Business Overview
Newsagency selling magazines, newspapers, stationery, cards, gifts and Opal cards. Lotto sales are approximately $970,000 per year with commission of $97,000 which has been included in takings shown. CCTV monitoring and back to base alarm system. Large storage for secondary on-line business. Profit shown is for two working owners in the business with no wages .
Summary
- Key Features: Well established business for over 38 years. Low rent. Long lease. No paper deliveries or subagents.
- Potential: There is an opportunity to expand gift lines and/or food supplements and stationery. Suit a couple or family business.
- Premises: Well presented shop of approx. 150 m2 including office with plenty of storage and separate bulk storage area with staff toilet and car loading dock access.
- Trading Hours: 5.5 days. Monday to Friday: 8:00 am to 5:00 pm. Saturday: 8:00 am to 3:30 pm. Sunday / Public holidays: Closed.
- Lease: 5 x 5 lease commenced 10th May 2021. CPI annual increases. One month bond.
- Employees: 1 owner plus 3 casuals.
- Sale Reason: Other business interests
- Comments: Misc.-1- $20 - garbage bin - This is a fantastic business opportunity for a single operator, couple, family or business investor wanting to let a manager operate and run the store. Lease includes off street parking for 2 cars. Please do not speak to the owner or staff unless authorised by the agent.
Disclaimer: The images shown are stock photos and are for illustrative purposes only and do not represent the actual business for sale.
Weekly Summary
Figures include GST unless stated otherwise
Weekly Takings
$18,120
Cost of Goods
$13,320
Gross Profit
$4,800
Rent (ex GST)
$1,217
Wages
$1,100
Telephone
$40
Insurance
$65
Electricity
$50
Misc1
$20
Total Expenses
$2,492
Estimated Stock (Additional)
$50,000
Net Profit
$2,308
Price
$160,000
+ Estimated Stock (SAV) $50,000
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