Lower North Shore
NSW
$180,000
Newsagency - Retail - Cards - Gifts - LottoPrice: $240,000Net Profit: $2,000 |
Visit this listing at https://www.sbx.com.au/business?id=SS1004 |
|
Business Code: SS1004 Key Features: Long Established Newsagency – Strong Lotto Sales - Low Rent - S.W.Sydney State: NSW Location: Well presented newsagency in a popular neighbourhood shopping centre with excellent visibility, easy customer access and consistent passing foot traffic in high growth city South West of Sydney. DescriptionRetail Newsagency with large lotto sales trading successfully since 2008, with a large and loyal base of regular clientele. Highly popular for Lotto and Opal Card sales, plus additional passive income from a Bitcoin ATM paying the owner $330 per month,. Other products include newspapers, magazines, stationery, cards, confectionery and drinks. The Lotto counter is up to date with all the latest features. The business can be comfortably operated by just one working owner, making it ideal for an owner-operator or investor. A practical easy-to-run operation with full training and trial period available to ensure a smooth handover. 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)$30,000Cost of Goods$26,800Gross Profit$3,200Rent$1,060Telephone$25Insurance$33Electricity$42Misc1$40Total Expenses$1,200Estimated Stock (Additional)$15,000Equipment (Included)$5,000Net Profit$2,000Price$240,000 |
Contact SBXNSW (02) 9439 4403 QLD / VIC 1300 366 655 Email sales@sbx.com.au |
Newsagency - Retail - Cards - Gifts - Lotto
Business Code: SS1004Price: $240,000
+ Estimated Stock (SAV) $15,000
Key Features: Long Established Newsagency – Strong Lotto Sales - Low Rent - S.W.Sydney
State: NSW
Location: Well presented newsagency in a popular neighbourhood shopping centre with excellent visibility, easy customer access and consistent passing foot traffic in high growth city South West of Sydney.
Business Overview
Retail Newsagency with large lotto sales trading successfully since 2008, with a large and loyal base of regular clientele. Highly popular for Lotto and Opal Card sales, plus additional passive income from a Bitcoin ATM paying the owner $330 per month,. Other products include newspapers, magazines, stationery, cards, confectionery and drinks. The Lotto counter is up to date with all the latest features. The business can be comfortably operated by just one working owner, making it ideal for an owner-operator or investor. A practical easy-to-run operation with full training and trial period available to ensure a smooth handover.
Summary
- Key Features: Long-established newsagency with a clean, well-presented shop. Low rent - Strong good consistent lotto sales. - Prime location in town centre.
- Potential: Could increase sales and profitability by expanding the product range to include giftware, magazines, drinks, confectionery and tobacco products.
- Premises: Well-fitted newsagency with an attractive, functional layout, quality fixtures and fittings, excellent product presentation and clearly defined retail areas and an area of 85 sq. mts.
- Trading Hours: 7 days - Monday to Friday - 7:00 a.m - 5:30 p.m - Saturday and Sunday - 7:30 a.m - 5:00 p.m
- Lease: Current lease expires 6th March, 2028 plus a further 5 year option - 4 % annual rental increases and a 6 month bond.
- Employees: One owner
- Sale Reason: Owner is moving to Perth to be with family and new business..
- Comments:
Rent includes all outgoings and services - CCTV security installed. - Weekly revenue from actual lotto and scratchies sales is approx. $24,000 per week.with a 12% margin or $2880 p.w
Definite opportunity to increase sales and profitability by expanding the range of higher-margin giftware and cards.
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
$30,000
Cost of Goods
$26,800
Gross Profit
$3,200
Rent (ex GST)
$1,060
Telephone
$25
Insurance
$33
Electricity
$42
Misc1
$40
Total Expenses
$1,200
Estimated Stock (Additional)
$15,000
Equipment (Included)
$5,000
Net Profit
$2,000
Price
$240,000
+ Estimated Stock (SAV) $15,000
Enquire about this listing
All business and financial information provided is supplied by the vendor. SBX Business Brokers does not verify, adjust or interpret financial data. Buyers must rely on their own enquiries and independent professional advice. SBX Business Brokers accepts no liability for decisions made based on vendor-supplied information.