Newsagancy – Lotto – Retail

For Sale

·
Eastern Suburbs

Business Code: M2128

$90,000
+ 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.
Price not disclosed

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Family reasons.

Sale Reason

Many years

Established

Centre paring

Parking

Owner operator.

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. Vendor has new 1 year lease as of 20.02.2024

Lease

Newsagency selling lotto, newspapers, magazines, stationery, confectionery, cards, gifts etc. Weekly sales includes lotto sales $1,300,000 with commission $130k in current year. 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 Misc.- 1-refers to bank fees and other general business expenses. Bargain offer for quick sale. - M2128 and M2129 are two businesses in the same shopping centre and owned by same family and can be sold together or separately.

Weekly Summary

Figures include GST unless stated otherwise

Weekly Takings
$34110
Cost of Goods
$28910
Gross Profit
$5200
Rent
$2250
Telephone
$20
Insurance
$50
Electricity
$150
Misc 1
$200
Total Expenses
$2670
Estimated Stock
(Additional)
$40000
Net Profit
$2530
Price
$90,000
+ Estimated Stock (SAV) $40000
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