Newsagency - Lotto - Retail - M2253

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$185,000

Description

Long established newsagency selling newspapers, magazines, stationery, greeting cards, confectionery, soft drinks, cigarettes, and gifts etc. Lotto sales average $12700 with commission $1700 per week based on current two years Lotto sales report. Other shop products sales average $10,000 per week with at least $2500 profit.

Potential

Could add parcel pickup and money transfer to increase sales. Promote local market. Ideal for family business.

Features

Good location. Long established. Regular customers. Stable income. Easy operation. Low rent. Well priced.

Premises

Well presented shop with an area approx. 65 m2 including a kitchen and storage space at back.

Location

Prime location in a shopping village in Sydney South West.

Trading Hours

5 days plus weekend half days. Monday to Friday: 6:30 am to 6 pm. Saturday: 7 am to 1 pm. Sunday: 7 am to 12 pm.

Lease

5 years lease commenced May 2024. 4% annual increases. 3 months rental bond.

Employees

Owner operator

Comments

The rent includes GST and all outgoings. - Misc.- 1- Bank merchant fee. - A long established and profitable business. - First time on market after 20 years. - Well priced for quick sale. - A must to inspect.

SBX ID

M2253

Figures
  • Takings: $22700/week (GST)
  • Cost of Goods: $18500
  • Gross Profit: $4200
  • Rent: $1155
  • Telephone: $20
  • Insurance: $50
  • Electricity: $40
  • Misc 1: $100
  • Total Expenses: $1365
  • Nett Profit: $2835
  • Estimated Stock (Additional): $30000
  • All other values ex GST
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