SBX Business Brokers Phone : 02 9439 ****

Newsagency - Retail - Tobacconist - Well established

Listing Id : 232992

Location : New South Wales

Category : Newsagency and Lotto

Asking Price : 260,000

Business description

Newsagency - Retail - Tobacconist - South Sydney - Agent SBX Code Number: FQ1109 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 - Current deliveries to 4 sub-agencies, local service stations, milk bar, schools, aged-care centre etc - 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. 2**** **** + 5 years option. - C.P.I.annual increases. - 3 months bond. Employees 1 owner + 3 casuals Comments Easy approval from landlord. - Buyer will require registration with NSW Lotteries. - Miscell. - 1 - refers to GST and tax obligations. Figures Weekly Sales $30000 Rent (ex GST) $1670 Wages $2000 Profit $3090 Agent SBX Code Number: FQ1109 - SBX Business Brokers


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