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Listing ID: 2943494

Business - Newsagency Top location For Sale

Sydney, NSW, Australia

$200000

Revenue: not disclosed

Cash Flow: not disclosed

Business Description

Newsagency - Lotto - Retail - South West Sydney
SBX Business Code: M2034
Newsagency selling lotto, newspapers, magazines, stationery, cards & wraps confectionery, tobacco, stamps, postage etc. - Year 2018 lotto sales $1,380,035 with commission $141,723. - Western Union commission $34,000. - Sub-newsagency net income $9010. - Also has 5 sub-newsagencies.

Potential
Add more products. - Extend trading hours. - Ideal family business.

Features
Perfect location. - Long established. - Very strong sales. - Stable income. - No competition. - Good lease and rent.

Premises
Well presented shop with an area of approx. 100 m2 and includes one office and storage.

Location
Prime street front location in high foot traffic shopping street of South West Sydney.

Trading Hours
6.5 days - Mon. - Fri. - 6 a.m.- 6 p.m. - Sat. - 6 a.m.- 3 p.m. - Sun. - 6 a.m.- 1 p.m.

Lease
16 years lease commenced Oct 2007. - C.P.I. annual increases. - No bond.

Employees
2 owners + one man paper delivery + 2 casuals

Comments
Misc.- 1- POS, water and bank fees. - Very strong business with solid profit for many years. - All detailed sales report available to review. - A must to inspect.
Figures
Weekly Sales $92000
Rent (ex GST) $1267
Wages $1000
Profit $3500


SBX Business Code: M2034

SBX Business Brokers

Property Details

Other Details

Premise Details:

Perfect location. - Long established. - Very strong sales. - Stable income. - No competition. - Good lease and rent.

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