Newsagency – Lotto

For Sale

·
Northern Beaches

Business Code: SM1492

$160,000
+ Estimated Stock (SAV) $50000
Key Features: Well established business for over 38 years. Low rent. Long lease. No paper deliveries or subagents.
State: NSW
Suburb: Forestville
Location: Situated within a village style shopping centre with a major supermarket, cafes, bank, restaurants, library and a primary school opposite.
Premises: Well presented shop of approx. 150 m2 including office with plenty of storage and separate bulk storage area with staff toilet and car loading dock access.

Other business interests

Sale Reason

38 years

Established

2 car spaces one with carport.

Parking

1 owner plus 3 casuals.

Employees

5.5 days. Monday to Friday: 8:00 am to 5:00 pm. Saturday: 8:00 am to 3:30 pm. Sunday / Public holidays: Closed.

Trading Hours

5 x 5 lease commenced 10th May 2021. CPI annual increases. One month bond.

Lease

Newsagency selling magazines, newspapers, stationery, cards, gifts and Opal cards. Lotto sales are approximately $970,000 per year with commission of $97,000 which has been included in takings shown. CCTV monitoring and back to base alarm system. Large storage for secondary on-line business. Profit shown is for two working owners in the business with no wages .

Features

Well established business for over 38 years. Low rent. Long lease. No paper deliveries or subagents.

Potential

There is an opportunity to expand gift lines and/or food supplements and stationery. Suit a couple or family business.

Comments

Misc.-1- $20 - garbage bin - This is a fantastic business opportunity for a single operator, couple, family or business investor wanting to let a manager operate and run the store. Lease includes off street parking for 2 cars. Please do not speak to the owner or staff unless authorised by the agent.

Weekly Summary

Figures include GST unless stated otherwise

Weekly Takings
$18120
Cost of Goods
$13320
Gross Profit
$4800
Rent
$1217
Wages
$1100
Telephone
$40
Insurance
$65
Electricity
$50
Misc 1
$20
Total Expenses
$2492
Estimated Stock
(Additional)
$50000
Net Profit
$2308
Price
$160,000
+ Estimated Stock (SAV) $50000
Price
$160,000
+ Estimated Stock (SAV) $50000
Contact Us

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