Internal Ref: SF1109PM
Summary
SBX Code: SF1109PM - Established for over 30 years- Well known in local community- Profit $3,719 pw -Gymea
Rent
$2,000 pw
Net Profit
$3,555 pw
Location Details
Excellent location near schools, local businesses, gym, restaurants & 170 metres from train station in South Sydney
Potential
Can offer parcel pickup, parcel logistics and money transfer service - Place more vending machines and ATM to increase revenue.
Hours
7 days - Mon. - Fri. - 630 a.m. - 600 p.m. - Sat.- 630 a.m. - 200 p.m.- Sun. - 700 a.m. - 100
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
About the Business
Newsagency - Retail - Tobacconist - South Sydney
SBX Code: 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.
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.
Comments
Miscell. - 1 - GST and other general expenses - Easy approval from landlord. - Buyer will require registration with NSW Lotteries - Price is only slightly negotiable
SBX Code: SF1109PM
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