Newsagency - Retail - Newsagency - Lotto -Low rent - Netting over $3300 p.w.- NW Sydney - SM1502
Newsagency - Retail - Newsagency - Lotto -Low rent - Netting over $3300 p.w.- NW Sydney - SM1502
Industry :
RetailSub Industry :
Newsagency/TattsNewsagency - Retail - North West Sydney - Agent SBX Code Number: SM1502
Newsagency selling lotto 50% net profit, newspapers, magazines, stationery, confectionery, drinks, tobacco. 40% cards, stationery, toys and gift items. Annual lotto net sales over $ 850K with net commission of $86K. This year commissions increased to 1.5% of sales so the net commissions will be increased. Business has storage, security camera & drinks fridge. Updated lotto counter with digital display screen. Also, has a few dry cleaning services that the laundry come to pick up and deliver.
Potential
Ideal for a family business or first start business.
Features
Well established business. Great location. Large sales of cards & stationery. Low rent. Regular affluent customer base. Very consistent turnover.
Premises
Compact suburban newsagency with front counter and updated lotto display totalling 45 sq mts.
Location
Situated at entrance of local shopping centre in North West suburbs opposite a major supermarket.
Trading Hours
6.5 days. - Monday to Friday 8 am to 6 pm. Saturday 8 am to 5 pm. Sunday 8 am to 2 pm.
Lease
7 years lease from September 2022. 3% annual increase. 3 months bond.
Employees
1.5 owners
Comments
The rent includes all outgoings. Fantastic business opportunity for husband & wife. - Support and training provided.
Figures
Weekly Sales $27000
Rent (ex GST) $1153
Wages $0
Profit $3300
Agent SBX Code Number: SM1502 - SBX Business Brokers
SBX Business Brokers is one of the largest business brokers in Australia servicing Sydney, Melbourne, Brisbane and the Gold Coast. With over 30 years of experience, you can be assured that SBX will provide you with a premium service.
Headed by Colin Bennie and an extensive team of multi-lingual brokers, SBX will match the right business with the right buyer. Our team will personally take on each business and market it individually, as well as handle all of the details of meetings and inspections. SBX will assist you in understanding all of the legal requirements, rental bonds, insurance and other requirements that may relate to selling or purchasing a business in Australia.
SBX sells all manner of businesses from small owner-operator businesses to franchises and multi-million dollar businesses.
To find out more about how SBX Business Brokers can assist you, simply register online or contact the office.
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$180,000
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