RENT CUT 13% LOTTO UP 14% PRICE DOWN
SHELLHARBOUR NEWS

Industry: Retail - Newsagency/Tatts | Listed by: ABBA Group
Key Strengths
About this business

Business Headline : RENT CUT 13% LOTTO UP 14% PRICE DOWN SHELLHARBOUR NEWS


Price : $190,000


Category : Retail, Newsagency/Tatts


 


Situated conveniently in the middle of the shopping centre in between Coles & Woolworths and next to Myer.


193 sq metres of shop/office space incl. a small office.  


Very low rent for this size of centre.  Current lease ends Sept 2019 but new lease available for approved applicant for 5 years INCLUDES 13.9% DROP IN TOTAL RENT & OUTGOINGS!   


In addition, the Centre will pay for $60,000 of renovations to shop!


Price for Goodwill and F & F dropped to $190,000 + stock


Business generates $4,083 “net” profit per week (see P & L below).


24/7 newsagency software support comes from Tower Systems, the leading provider to newsagencies in Australia.   


Stockland Shellharbour is one of the largest shopping centres in the Illawarra area, located on Lake Entrance Road at Shellharbour City Centre, approximately 20 km south of Wollongong. 


At Stockland Shellharbour there are over 3,000 outdoor and undercover car spaces for customers\' convenience.  And most importantly parking is free!  Bus services are at the door.


Major stores include Coles, Woolworths, Myer, Kmart, Target and Best & Less.


There are all 4 major banks and a Post Office.


LOTTO


Ranked #16 in sales in NSW/ACT amongst some 1,500 Agencies  


     Up from #50 in 2013/14


Lotto commissions: $5,919 p.w. in 2018.  


Commissions up 14 % YTD 2019 versus last year.


3 Lotto terminals


NON-LOTTO SALES 


CARDS/WRAP - Generate $2,610 weekly gross profit


STATIONERY - Generate $1,257 weekly gross profit


GIFTS – Great Potential!


PURCHASE PRICE 


GOODWILL & FIXTURES & FITTINGS $190,000 o.n.o.


STOCK   $70,000


(estimate – will be counted by independent stocktaker)


TOTAL $260,000


OPENING HOURS


Monday to Fri 9am to 5.30pm (except Thurs)    Thursday 9am to 9pm


Saturday 9am to 4pm


Sunday          10am to 4pm


 


TRAINING


We offer full training and assistance.  This includes guidance in the preparation of applications for Lotto, major suppliers and the retail lease.  


LIKE TO VISIT THE BUSINESS?


You are very welcome to visit the business.  This sale is confidential.  We would ask you not to approach the staff regarding this sale.


John Emmery


0423 529 041


To receive further information please complete the below registration: http://www.abbagroup.com.au/?p=4086955#enquire-now

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  • ListingImage
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Business Name / Ref #:
Contact Advertiser
Location:
Shellharbour
NSW
Asking Price:
$190,000
Revenue:
Year Established:
No.of Employees:
-
Gross Profit:
Fixtures:
Stock:
Lease:
155012
Trading Hours:
Website:
Contact Details:
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Advertiser Details

Sales, Mergers & Acquisitions
Location: Level 1, 183 Harris Street
PYRMONT NSW 2009, New South Wales
2009, Australia

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RENT CUT 13% LOTTO UP 14% PRICE DOWN SHELLHARBOUR NEWS ListingImage
About this business

Business Headline : RENT CUT 13% LOTTO UP 14% PRICE DOWN SHELLHARBOUR NEWS


Price : $190,000


Category : Retail, Newsagency/Tatts


 


Situated conveniently in the middle of the shopping centre in between Coles & Woolworths and next to Myer.


193 sq metres of shop/office space incl. a small office.  


Very low rent for this size of centre.  Current lease ends Sept 2019 but new lease available for approved applicant for 5 years INCLUDES 13.9% DROP IN TOTAL RENT & OUTGOINGS!   


In addition, the Centre will pay for $60,000 of renovations to shop!


Price for Goodwill and F & F dropped to $190,000 + stock


Business generates $4,083 “net” profit per week (see P & L below).


24/7 newsagency software support comes from Tower Systems, the leading provider to newsagencies in Australia.   


Stockland Shellharbour is one of the largest shopping centres in the Illawarra area, located on Lake Entrance Road at Shellharbour City Centre, approximately 20 km south of Wollongong. 


At Stockland Shellharbour there are over 3,000 outdoor and undercover car spaces for customers\' convenience.  And most importantly parking is free!  Bus services are at the door.


Major stores include Coles, Woolworths, Myer, Kmart, Target and Best & Less.


There are all 4 major banks and a Post Office.


LOTTO


Ranked #16 in sales in NSW/ACT amongst some 1,500 Agencies  


     Up from #50 in 2013/14


Lotto commissions: $5,919 p.w. in 2018.  


Commissions up 14 % YTD 2019 versus last year.


3 Lotto terminals


NON-LOTTO SALES 


CARDS/WRAP - Generate $2,610 weekly gross profit


STATIONERY - Generate $1,257 weekly gross profit


GIFTS – Great Potential!


PURCHASE PRICE 


GOODWILL & FIXTURES & FITTINGS $190,000 o.n.o.


STOCK   $70,000


(estimate – will be counted by independent stocktaker)


TOTAL $260,000


OPENING HOURS


Monday to Fri 9am to 5.30pm (except Thurs)    Thursday 9am to 9pm


Saturday 9am to 4pm


Sunday          10am to 4pm


 


TRAINING


We offer full training and assistance.  This includes guidance in the preparation of applications for Lotto, major suppliers and the retail lease.  


LIKE TO VISIT THE BUSINESS?


You are very welcome to visit the business.  This sale is confidential.  We would ask you not to approach the staff regarding this sale.


John Emmery


0423 529 041


To receive further information please complete the below registration: http://www.abbagroup.com.au/?p=4086955#enquire-now

Revenue:

Year Established:

No.of Employees:-

Gross Profit:

Fixtures:

Stock:

Lease:155012

Trading Hours:

Website:

$190,000

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