Newsagency – Retail

For Sale

ยท
Lower North Shore

Business Code: M2205

$180,000.00
+ Estimated Stock (SAV) $20000
Key Features: Great and busy location. No competition. Easy to operate. Short trading hours. New 5 years lease available with cheap rent. Great growing potential. Well priced.
State: NSW
Suburb: North Sydney
Location: Top location in high foot traffic area of major shopping centre in Lower North Shore area.
Premises: Well presented shop with area of 55 m2.
Price not disclosed

No data

ยท

No data

ยท

No data

Health reasons

Sale Reason

No year data

Established

Centre parking

Parking

One owner

Employees

5 days - Monday to Friday - 9:30 a.m to 6 p.m.

Trading Hours

New 5 years available without refurbish requirement. - 4% increases - 3 months bond.

Lease

Retail newsagency mainly selling lotto, cards, magazines, stationery and newspapers etc. The takings include lotto and scratch sales average $13610 per week with 12% of commission $1633 per week. Currently only trading 5 days with short trading hours 9:30 a.m.-.6.p.m. ( Mon.- Fri. ) due to the vendors health problem.

Features

Great and busy location. No competition. Easy to operate. Short trading hours. New 5 years lease available with cheap rent. Great growing potential. Well priced.

Potential

Could restore normal trading hours 7 am to 6 pm ( Monday to Friday ) and 8 am to 2 pm. ( Saturday ) to increase sales. Could add tobacco products ( lease permitted ) and increase soft drink items to boost sales and profit.

Comments

Misc.- 1- Refers to lotto charge fee. Misc.- 2 - Accountant fees etc. Keen vendor wants to quick sale duo to heath reason. A good buy opportunity. The shop POS can be reviewed on meeting. A must to inspect. Please be discreet when visiting the premises.

Weekly Summary

Figures include GST unless stated otherwise

Weekly Takings
$18000
Cost of Goods
$14795
Gross Profit
$3205
Rent
$770
Telephone
$15
Insurance
$20
Electricity
$45
Misc 1
$150
Misc 2
$50
Total Expenses
$1050
Estimated Stock
(Additional)
$20000
Net Profit
$2155
Price
$180,000.00
+ Estimated Stock (SAV) $20000
Contact Us

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