Newsagency - Lotto - Retail - SFD1077

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$395,000

Description

Well established newsagency with new fit out selling lotto, newspapers, magazines, stationery, gifts, soft toys, greeting cards, phone accessories and opal cards. Shop has air-conditioning, security camera, office and storage space. Computerised POS system with 2 cash terminals.- Lotto commission of 300K plus per annum

Potential

Add parcel pickup, click and collect, Money transfer, post point and cigarettes to increase sales.

Features

Excellent shop location, opposite supermarket & parking elevator with good . foot traffic. -First time on market.

Premises

Well presented good size retail shop with new shop fitout and includes office space with an area of 75 sq. mts.

Location

Busy local shopping centre, close to train station and surrounded with residences, school and businesses in North West Sydney.

Trading Hours

7 days - Mon. - Wed. & Friday - 8.00 a.m. to 6.00 p.m. - Thurs.- 8.00 a.m. to 7.00 p.m. - Sat. & Sun: 8.00 am to 4.00 pm

Lease

Current lease expires October 2029 - 3% annual rent increases - 6 months bond.

Employees

1 owner + 2 casuals

Comments

Misc.- 1 - Other general expenses. - 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 and must not speak to anyone on site. - A must to inspect but please be discreet.

SBX ID

SFD1077

Figures
  • Takings: $52109/week (GST)
  • Cost of Goods: $44296
  • Gross Profit: $7813
  • Rent: $2073
  • Wages: $1150
  • Outgoings: $405
  • Telephone: $21
  • Insurance: $89
  • Electricity: $60
  • Misc 1: $150
  • Total Expenses: $3948
  • Nett Profit: $3865
  • Estimated Stock (Additional): $70000
  • All other values ex GST
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