SBX Business Brokers Phone : 02 9439 **** SBX Business Brokers
02 94 ****




Newsagency - Retail - Great centre

Listing Id : 195661

Location : New South Wales

Category : Newsagency and Lotto

Asking Price : 480,000

Business description

Newsagency - Retail - South Sydney - Agent SBX Code Number: M1932 Newsagency selling newspapers, magazines, lotteries, stationery, confectionery, greeting cards, cigarettes, Opal cards etc. - Lotteries sales $1,505,831 in 2016 with commission $154,279. - Newly renovated shop at a cost of $200k. Potential Sales will increase on account of shopping centre growth with new renovations. Features Top location. - Brand new fit-out. - High turnover. - Secure income. - No paper delivery. Premises Newly fitted out shop with an area of 134 m2. Location Prime location in food court level in South Sydney major shopping centre Trading Hours 7 days - 730 a.m.- 530 p.m. Lease 7 year lease from June 2013. - 5% increases. - 2 months bond. Employees 2 partners ( one work 5 days and one work 2 days ) + 4 casuals Comments Misc.- 1-general business expenses. - This is a fantastic business for family or husband and wife operators. - A must inspect. Figures Weekly Sales $53380 Rent (ex GST) $3877 Wages $1500 Profit $4900 Agent SBX Code Number: M1932 - SBX Business Brokers


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