SBX Business Brokers Phone : 02 9439 ****

Newsagency - Retail - No competition -Netting $3694 p.w.

Listing Id : 271671

Location : New South Wales

Category : Newsagency and Lotto

Asking Price : 268,000

Business description

Newsagency - Retail - Inner West - Agent SBX Code Number: FS1116 Newsagency selling lotto, magazines, stationery, newspapers, confectionery, etc.- Lotto sales approx. $ 650,000 per annum which generates $ **** **** ,000 commission per annum included in takings shown. - Paper deliveries - Mon .- Fri.- 150- Sat.- 330.- Sun. -280. Potential Improve giftware, stationery and card section. - Improve cigarette sales.- Add dry cleaning and parcel pick up services .- Suitable for husband and wife. -Large residential site will be completed shortly nearby. Features Well established.- Long lease.- Busy location- No competition. Premises This business has an area of 100 sq. mts. Location Situated on busy road in Inner West Sydney. Trading Hours 7 days - Mon.- Fri. -630 a.m - 630 p.m. -Sat. - 700 a.m - 500 p.m. - Sun. - 700 a.m.- 300 p.m. Lease Current lease commenced on June 2017 and expires June, 2**** **** + 5 years option. - 3% rent increases per annuam - 3 months bond requested. Employees One owner + 2 casuals. Comments Misc. -1 - $100 Internet, security.- Husband and wife team will generate more profit as vendor only working part time. Figures Weekly Sales $26000 Rent (ex GST) $1250 Wages $1200 Profit $3694 Agent SBX Code Number: FS1116 - SBX Business Brokers


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