Visit this listing at https://www.sbx.com.au/business?id=W1708

Business Code: W1708

Key Features: Established 40 years. - No deliveries

State: NSW

Location: Situated at the entrance of major shopping centre in Inner West.

Description

Newsagency selling magazines, newspapers, lotto, cards, clothes, bags, stationery, cigarettes - Lotto sales $1.5 million, commission $153,527 in 2018. - No deliveries.

Summary

  • Features: Prime - Prime location. - Long established stable business.
  • Potential: Suit family business or couple. - Could add more variety of goods for sale.
  • Premises: This business has an area of 80 sq.mts.
  • Trading Hours: 6.5 days - Mon. - Sat. - 7:00 a.m.- 6:00 p.m. - Sun. - 7:00 a.m. - 12:00 p.m.
  • Lease: New 5 + 5 year lease available. - 3% rent increases- , 3 months Bank guarantee
  • Employees: 1 owner. + 1 part timer
  • Comments:

Weekly Summary

Weekly Takings (inc GST)

$34,936

Cost of Goods

$30,718

Gross Profit

$4,218

Rent

$831

Wages

$300

Telephone

$20

Insurance

$25

Electricity

$60

Total Expenses

$1,236

Estimated Stock (Additional)

$10,000

Net Profit

$2,982

Price

$199,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Newsagency - Retail

Business Code: W1708
Price: $199,000

Key Features: Established 40 years. - No deliveries

State: NSW

Location: Situated at the entrance of major shopping centre in Inner West.

Description

Newsagency selling magazines, newspapers, lotto, cards, clothes, bags, stationery, cigarettes - Lotto sales $1.5 million, commission $153,527 in 2018. - No deliveries.

Summary

  • Features: Prime - Prime location. - Long established stable business.
  • Potential: Suit family business or couple. - Could add more variety of goods for sale.
  • Premises: This business has an area of 80 sq.mts.
  • Trading Hours: 6.5 days - Mon. - Sat. - 7:00 a.m.- 6:00 p.m. - Sun. - 7:00 a.m. - 12:00 p.m.
  • Lease: New 5 + 5 year lease available. - 3% rent increases- , 3 months Bank guarantee
  • Employees: 1 owner. + 1 part timer
  • Sale Reason: Retiring after 10 yrs operating the same business
  • Comments: One person can run the business. - Sales records and Lotto sales figures can be available and verified at shop. - Huge potential - Motivated vendor - A must inspection

Weekly Summary

Weekly Takings
(inc GST)

$34,936

Cost of Goods

$30,718

Gross Profit

$4,218

Rent (ex GST)

$831

Wages

$300

Telephone

$20

Insurance

$25

Electricity

$60

Total Expenses

$1,236

Estimated Stock (Additional)

$10,000

Net Profit

$2,982

Price

$199,000

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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.