Visit this listing at https://www.sbx.com.au/business?id=W1965

Business Code: W1965

Key Features: Newsagency - Lotto - Tobacco - Sydney City Fringe - Nets over $5000 p.w.

State: NSW

Location: Great corner location in busy retail street with shops, cafes and takeaways in Sydney City Fringe

Description

Newsagency selling newspapers, magazines, lotto, stationery, cards, toys, soft drinks, tobacco products (30% of sales) phone cards, gift items, confectionery etc. - Lotto sales commission $ 97,500 per year. All products delivered to the shop- Premises include 4 security cameras & POS system. & ATM.

Summary

  • Features: Long established business. Excellent shop location. Retail corner location. No competition. Low rent. Stable business for many years. High foot traffic.
  • Potential: Can offer parcel pickup, parcel logistics and money transfer service - Place more vending machines to increase revenue. can add flower sales.
  • Premises: Well presented good size shop which includes office + storage space and an area of 60 sqm
  • Trading Hours: 7 days - 7:30 am to 8:00 pm. (no limit) Sunday: 7:30 am to 5:00 pm.
  • Lease: Current lease expires January 2026 - New 3 + 3 year lease available. - Bond 3 months - rent increase by 5% per year.
  • Employees: 2 owners
  • Sale Reason: Retiring after being in the same business for over 10 years.
  • Comments: Rent includes outgoings, Opening hours no limit. Suit owner operator or couple to continue to grow this business which is in a fantastic location. - All interested buyers must arrange a meeting through their SBX Broker.

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)

$25,000

Cost of Goods

$17,500

Gross Profit

$7,500

Rent

$1,980

Telephone

$13

Insurance

$95

Electricity

$100

Total Expenses

$2,188

Estimated Stock (Additional)

$40,000

Net Profit

$5,312

Price

$175,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Newsagency - Retail - Tobacco - Lotto

Business Code: W1965
Price: $175,000
+ Estimated Stock (SAV) $40,000

Key Features: Newsagency - Lotto - Tobacco - Sydney City Fringe - Nets over $5000 p.w.

State: NSW

Location: Great corner location in busy retail street with shops, cafes and takeaways in Sydney City Fringe

Business Overview

Newsagency selling newspapers, magazines, lotto, stationery, cards, toys, soft drinks, tobacco products (30% of sales) phone cards, gift items, confectionery etc. - Lotto sales commission $ 97,500 per year. All products delivered to the shop- Premises include 4 security cameras & POS system. & ATM.

Summary

  • Key Features: Long established business. Excellent shop location. Retail corner location. No competition. Low rent. Stable business for many years. High foot traffic.
  • Potential: Can offer parcel pickup, parcel logistics and money transfer service - Place more vending machines to increase revenue. can add flower sales.
  • Premises: Well presented good size shop which includes office + storage space and an area of 60 sqm
  • Trading Hours: 7 days - 7:30 am to 8:00 pm. (no limit) Sunday: 7:30 am to 5:00 pm.
  • Lease: Current lease expires January 2026 - New 3 + 3 year lease available. - Bond 3 months - rent increase by 5% per year.
  • Employees: 2 owners
  • Sale Reason: Retiring after being in the same business for over 10 years.
  • Comments: Rent includes outgoings, Opening hours no limit. Suit owner operator or couple to continue to grow this business which is in a fantastic location. - All interested buyers must arrange a meeting through their SBX Broker.

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

$25,000

Cost of Goods

$17,500

Gross Profit

$7,500

Rent (ex GST)

$1,980

Telephone

$13

Insurance

$95

Electricity

$100

Total Expenses

$2,188

Estimated Stock (Additional)

$40,000

Net Profit

$5,312

Price

$175,000
+ Estimated Stock (SAV) $40,000

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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.