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Newsagancy - Lotto - Retail - Eastern Suburbs - (Code: M2128)

Newsagency - Eastern Suburbs - Sydney Net $3,150 p.w, - Bargain offer.

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Price: $80,000






Weekly Takings (inc GST) $33,390
Cost of Goods $26,945
Gross Profit $6,445
Rent $2,423
Wages $500
Outgoings $
Telephone $20
Insurance $50
Electricity $302
Gas $
Misc 1 $
Misc 2 $
Total Expenses $3,295
Net Profit $3,150
Coffee Kilos P/W 0.0

Estimated Stock

$40,000
(Additional)

Equipment

$
(Included)
All other values
exclude GST
General Description
<p>Newsagency selling lotto, newspapers, magazines, stationery, confectionery, cards, gifts and Asian groceries etc. Weekly sales include parcel income around $700 p.w. and lotto sales - current year $1,134,340 with commission $117,270. Stock is extra at estimated $40,000 SAV.</p>

Potential
Ideal for family business. Could add cigarette sales. Could add more gifts and toys to increase sales.

Features
Good location. Long established. High quality fitout. Well priced for quick capital return.

Premises
Well presented shop with an area of approx. 200 m2.

Location
Prime location in Shopping Plaza in Eastern Suburbs.

Trading Hours
7 days, Monday to Friday: 7:30 am to 6 pm. Saturday & Sunday: 8:30 am to 5 pm.

Lease
Current monthly rent payable. New lease will be negotiable between the buyer and landlord.

Employees
One owner + one casual

Comments

The rent includes all outgoings Long established and vendor has owned the business for 13 years. All figures can be reviewed at meeting. Bargain offer for quick sale.



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SBX Business Brokers takes no responsibility for the accuracy of this information. Buyers should seek advice from their own Advisors.

SBXM2128

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