Summary
Good location Cheap rent easy to learn and easy to manage iAnnuel lotto sale $1,200,000 Short 6 trading days, sunday close Yearly net profit $95000 Price $220,000 + stock
Net Profit
$95,000 pa
Location Details
It is located in a shopping centre in Southern Gold Coast
Potential
Apply for tobacco sale
add more types of Card
selling magazines
Skills
customer service skill
people skills
business skills
Hours
Monday to Thursday 7am to 5:30pm
Friday and Saturday 7am to 5pm
Sunday close
Lease
Lease is finished and the center will offer an new lease to a right candidate
Employees
one casual staff works two days a week
One owner works four days a week
Reason for Sale
The owner sussuccessfully obained PR, and he started an new job.
About the Business
The well – established News agency in Southern Gold Coast has been well-known with locals for many years. The shop specialises in Lotto, cards, toys, stationary, newspaper, exclusive selling go card in this area.
– It is situated in a busy local shopping centre in Southern Gold Coast.
– Annual lotto sales approximately around $1.2 Million
– Trading hours: Monday to Thursday 7am to 5:30pm; Friday and Saturday 7am to 5pm; Sunday close.
– Currently do not sell magazines, but you can add for sell magazines.
– Cheap monthly base rent only$1,161.21 + GST $116.12 + outgoing monthly $348.37 + GST $34.84 =$1660.54 (inclusive GST outgoing)
– The centre will offer an new lease to a right candidate.
– One staff works two days and one owner works four days
– Easy to learn and easy to manage.
There are still potentials to grow
– can try to apply for selling tobacco
– Increase magazine in store sale
– Add more varieties of gift cards
– Selling bulk stationery to schools nearby
-Annual adjusted net profit is around $95000 inclusive one owner's 38 hour wages
Asking price $220,000 + stock
History
The owner had the business for 3 years
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