SBX Business Brokers Phone : 02 9439 ****

Newsagency - Profitable business

Listing Id : 174295

Location : New South Wales

Category : Newsagency and Lotto

Asking Price : 138,000

Business description

Newsagency - Sydney City Fringe - Agent SBX Code Number: SF1291 Full newsagency selling lotto, papers, magazines, greeting cards, stationery, tobacco, cigarettes, drinks, confectionery, opal card, phone cards, mobile phone accessories, toys and stamps - photocopy and fax service.- 4 sub agents all nearby - Home delivery only in the local residential area. - Hospital delivery with full commission. Lotto sales average $15K p.w. - New LED light has been installed in store. - New CCTV camera - Newly approved N Parcel and Western Union money transfer. Potential Longer trading hours are allowed under zoning - Many new developments and apartments opening nearby - Increase stock variety and add gifts - Add dry cleaning Features Great location - Good foot traffic - Regular customers. - Best lottery sales in the area - Close to train station -Well established - High profit margins Premises Highly visible shop front with excellent fixtures and good layout. Large shop with storage area, office, mezzanine level and toilet and total area of 138 sq. mts. Location Centrally located in a very busy village plaza in the City Fringe near new developments and surrounded by retail and residential. Trading Hours 7 -days - Mon. - Sat. - 7 a.m. till 7 p.m. - Sun. - 7 a.m. till 5.30 p.m. Lease Sep 16 till Sep 23. - 2.5% increases - 3 month bond. Employees 2 owners - 1 casual - 1 delivery man Comments Misc 1 - Other general expenses. This is a great business in a very busy location. - POS browser system in place. - Sales records and P & L are available after a meeting Figures Weekly Sales $24500 Rent (ex GST) $2413 Wages $850 Profit $2827 Agent SBX Code Number: SF1291 - SBX Business Brokers

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