Internal Ref: PM1065
Summary
SBX Code: PM1065 - Newsagency - takings over $63,000 p.w. - Strong Lotto sales - Western Sydney - Over 3 million lotto sales with 10% + commission.- price includes approx. $100,000 stock
Rent
$3,675 pw
Net Profit
$3,630 pw
Location Details
Great location in well established shopping centre in high growth area of Western Sydney.
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.
Hours
7 days - Monday to Wednesday 900 am to 530 pm.Thursday 900 am to 900 pm. Friday 900 am to 530 pm.Sat
Lease
Current lease expires 22nd December 2028 - 5% rental increases yearly - 3 months bond. .
Employees
1 owner + 3 casuals
About the Business
Newsagency - Lotto - Western Sydney
SBX Code: 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.
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
Comments
Outgoings are gst inclusive and include marketing levi, council rates, land tax, air conditioning , insurance, water rates and tenant waste - Misc.-1 - Bank Fees & Courier Fees
SBX Code: PM1065
SBX Business Brokers
Connect with us