Newsagancy – Lotto – Retail

For Sale

·
Eastern Suburbs

Business Code: M2128

$80,000
+ Estimated Stock (SAV) $40000
Key Features: Good location. Long established. High quality fitout. Well priced for quick capital return.
State: NSW
Suburb: Randwick
Location: Prime location in Shopping Plaza in Eastern Suburbs.
Premises: Well presented shop with an area of approx. 200 m2.

Family reasons.

Sale Reason

Many years

Established

Centre parking

Parking

One owner + one casual

Employees

7 days, Monday to Friday: 7:30 am to 6 pm. Saturday & Sunday: 8:30 am to 5 pm.

Trading Hours

Current monthly rent payable. New lease will be negotiable between the buyer and landlord.

Lease

Newsagency selling lotto, newspapers, magazines, stationery, confectionery, cards, gifts and Asian groceries etc. Weekly sales include parcel income around $700 p.w. and lotto sales – current year $1,134,340 with commission $117,270. Stock is extra at estimated $40,000 SAV.

Features

Good location. Long established. High quality fitout. Well priced for quick capital return.

Potential

Ideal for family business. Could add cigarette sales. Could add more gifts and toys to increase sales.

Comments

The rent includes all outgoings Long established and vendor has owned the business for 13 years. All figures can be reviewed at meeting. Bargain offer for quick sale.

Weekly Summary

Figures include GST unless stated otherwise

Weekly Takings
$33390
Cost of Goods
$26945
Gross Profit
$6445
Rent
$2423
Wages
$500
Telephone
$20
Insurance
$50
Electricity
$302
Misc 1
$200
Total Expenses
$3295
Estimated Stock
(Additional)
$40000
Net Profit
$3150
Price
$80,000
+ Estimated Stock (SAV) $40000
Price
$80,000
+ Estimated Stock (SAV) $40000
Contact Us

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