SBX Business Brokers Phone : 02 9439 ****

Sub Newsagency - Newsagency - Retail - No competition

Listing Id : 253589

Location : New South Wales

Category : Newsagency and Lotto

Asking Price : 178,000

Business description

Sub Newsagency - Newsagency - Retail - Western Suburbs - Agent SBX Code Number: F3277A Sub newsagency selling lotto, papers, magazines, greeting cards, stationery, tobacco, cigarettes, drinks, confectionery, opal cards, phone - photocopy and fax service nearby - No home delivery of newspapers. - Weekly income of approx. $1600 p.w. for lotto ( annual turnover approximately $800000.00 per annum included in weekly sales ) and approx $624 income per week for the ATM machine. Potential To extend the trading hours of the business.Lotto sales show that some giftware could be introduced to help increase weekly sales. Features No deliveries - Well established long new lease - No competitiion - Regular weekly income from both lotto and ATM machine . Premises Great premises with an area of 80 sq. mts. in good condition with outdoor under cover awning. Location Prime street front location in small strip shopping centre anchored with major supermarket chain in Western Suburbs. Trading Hours 7 days - Mon. to Fri. - 7 a.m. to 6 p.m. - Sat. - 7 a.m. - 2 p.m. - Sun. - 7 a.m. to 12 p.m. Lease New 3 year lease + a further 3 year option currently being executed - 3% annual rent increases - 3 month bond. Employees One owner and family assistance when required. Comments First time on the market and a must to inspect. Figures Weekly Sales $21884 Rent (ex GST) $828 Wages $0 Profit $2000 Agent SBX Code Number: F3277A - SBX Business Brokers

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