Newsagency - Retail - Tobacconist - Newsagency - Sales $31,000 P.w. - Tobacconist - South Sydney - Profit $3,555p.w.

Business For Sale New South Wales

Business Category Newsagency

$230,000

Description

Newsagency - Retail - Tobacconist - Newsagency - Sales $31,000 P.w. - Tobacconist - South Sydney - Profit $3,555p.w.

Newsagency - Retail - Tobacconist - South Sydney - Agent SBX Code Number: SF1109PM

Newsagency selling newspapers, magazines, lotto, scratchies, stationery, cards, school books, toys, soft drinks, tobacco products, phone cards, gift items, confectionery etc. - Lotto sales approx. $1 million per year. - Lotto commission included in takings - Premises includes 16 security cameras & new POS system.

Potential
Can offer parcel pickup, parcel logistics and money transfer service - Place more vending machines and ATM to increase revenue.

Features
Low rent - Established for over 30 years- Well known in local community- Established accounts with several local businesses with 7 day payment terms from end of month.

Premises
Two level premises with an area of 140 sq.mts. with office space upstairs, 2 self-contained toilets.

Location
Excellent location near schools, local businesses, gym, restaurants & 170 metres from train station in South Sydney

Trading Hours
7 days - Mon. - Fri. - 630 a.m. - 600 p.m. - Sat.- 630 a.m. - 200 p.m.- Sun. - 700 a.m. - 100 p.m.

Lease
Current lease expires Dec. 2023 + 5 years option. - C.P.I.annual increases. - 3 months bond.

Employees
2 owners (wages shown in profit) + 1- 2casualss

Comments
Miscell. - 1 - GST and other general expenses - Easy approval from landlord. - Buyer will require registration with NSW Lotteries - Price is only slightly negotiable

Agent SBX Code Number: SF1109PM - Sydney Business Exchange
Contact Seller
SBX Business Brokers

Bsale ID: 586995
Broker REF: SF1109PM

SBX Business Brokers
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