Business For Sale New South Wales
Business Category Newsagency
$400,000
Description
Newsagency - Lotto - Newsagency - Incredible Lotto Sales -takings Over $63,000 P.w. - Western Sydney
Newsagency - Lotto - Western Sydney - Agent SBX Code Number: PM1065
Newsagency selling newspapers, magazines, lotto, scratchies, stationery, cards, school books, toys, phone cards, gift items, confectionery etc. - Lotto sales over $3,000,000. per year with a 10% commission of $300,000. per year from Lotto. - Lotto sales are included in weekly takings. CCTV monitoring and back to base alarm system. The Lotto counter is up to date with all the latest features and situated in the best position of the store to capitalise on sales. Please note - Owners wages have been included in weekly Profit. NOTE Price includes approx. $100,000 stock.
Potential
Would suit family. This business presents plenty of additional opportunities to increase takings such as Introduction of tobacco products - Add Western Union sales - Sell fresh flowers - Explore the opportunity of introducing Australia Post.
Features
Recently renovated in June 24 with a $80,000 upgrade. Over $3,000,000. in Lotto sales with 10% + commission. Price includes approx. $100,000 stock.
Premises
Well presented retail premises with a an area of 370 sq. mts . This shop was renovated in June 2024 costing $80K
Location
Great location in well established shopping centre in high growth area of Western Sydney.
Trading Hours
7 days - Monday to Wednesday 900 am to 530 pm.Thursday 900 am to 900 pm. Friday 900 am to 530 pm.Saturday 900am to 500pmSunday 1000am to 400pm
Lease
Current lease expires 22nd December 2028 - 5% rental increases yearly - 3 months bond. .
Employees
1 owner + 3 casuals
Comments
Outgoings are gst inclusive and include marketing levi, council rates, land tax, air conditioning , insurance, water rates and tenant waste - All interested buyers must arrange a meeting with the vendor through their SBX broker. NOTE Price includes approx. $100,000 stock. Misc.-1 - Bank Fees & Courier Fees
Agent SBX Code Number: PM1065 - Sydney Business Exchange
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