Visit this listing at https://www.sbx.com.au/business?id=SM1492

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.

Description

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

  • 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

Weekly Takings (inc GST)

$18,120

Cost of Goods

$13,320

Gross Profit

$4,800

Rent

$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

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Newsagency - Lotto

Business Code: SM1492
Price: $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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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.