Listing status: Inactive

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Newsagency - Retail - Tobacconist - Newsagency - Sales $31,000 pw - Tobacconist - South Syd - Profit $3,555p.w. - FQ1109SF

Industry: Professional - All, Professional - Brokerage, Professional - All, Professional - Brokerage | Listed by: SBX Business Brokers


Key Strengths:


About the business

Newsagency - Retail - Tobacconist - South Sydney - Agent SBX Code Number: FQ1109SF

Newsagency selling newspapers, magazines, lotto, scratchies, stationery, cards, school books, toys, soft drinks, tobacco products, phone cards, gift items, confectionery etc. - Lotto sales approx. $1 million per year. - Lotto commission included in takings - Premises includes 16 security cameras & new POS system.

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

Features
Low rent - Established for over 30 years- Well known in local community- Established accounts with several local businesses with 7 day payment terms from end of month.

Premises
Two level premises with an area of 140 sq.mts. with office space upstairs, 2 self-contained toilets.

Location
Excellent location near schools, local businesses, gym, restaurants & 170 metres from train station in South Sydney

Trading Hours
7 days - Mon. - Fri. - 630 a.m. - 600 p.m. - Sat.- 630 a.m. - 200 p.m.- Sun. - 700 a.m. - 100 p.m.

Lease
Current lease expires Dec. 2023 + 5 years option. - C.P.I.annual increases. - 3 months bond.

Employees
2 owners (wages shown in profit) + 1- 2casuals

Comments
Miscell. - 1 - GST and other general expenses - Easy approval from landlord. - Buyer will require registration with NSW Lotteries - Price is only slightly negotiable

Figures
Weekly Sales $31000
Rent (ex GST) $2000
Wages $1000
Profit $3555


Agent SBX Code Number: FQ1109SF - SBX Business Brokers
Know someone that could be interested in this?
Asking Price:
$230,000
Yearly Profit :

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Country

Australia

State

New South Wales

Suburb

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Postcode

2227

Locality

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Established on
1988

Revenue

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EBITDA

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No. of employees

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Lease period

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Stock

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Contact Details Verified

EmailEmail Address

Email Broker Verified

Advertiser Details
Company Logo
New South Wales
Australia
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