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Newsagency - Retail - Tobacco - Lotto - Sydney City Fringe - (Code: W1965)

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

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Price: $129,000






Weekly Takings (inc GST) $25,000
Cost of Goods $17,500
Gross Profit $7,500
Rent $1,980
Wages $
Outgoings $
Telephone $13
Insurance $95
Electricity $100
Gas $
Misc 1 $
Misc 2 $
Total Expenses $2,188
Net Profit $5,312
Coffee Kilos P/W 0.0

Estimated Stock

$40,000
(Additional)

Equipment

$
(Included)
All other values
exclude GST
General Description
<p>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-</p><p>Premises include 4 security cameras & POS system. & ATM.</p>

Potential
Can offer parcel pickup, parcel logistics and money transfer service - Place more vending machines to increase revenue. can add flower sales.

Features
Long established business. Excellent shop location. Retail corner location. No competition. Low rent. Stable business for many years. High foot traffic.

Premises
Well presented good size shop which includes office + storage space and an area of 60 sqm

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

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

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.



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

SBXW1965

For more details please call (02) 9439 4403
or click here to register with us.


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