Price
$169,000
Profit *
Refer to Broker
Sales Revenue
Refer to Broker
Location
Sydney Region, Parramatta
Category
Retail, Newsagency
Listing #
NSW09491
This News agency is in small shopping complex in a growing residential area (near Blacktown).
Currently owner operated.
Lease till 2021 plus 3year option. Very low rent. $4,070 inclusive of GST and outgoing
Rent from ATM 2500/month (Another provider offering $3250/month negotiation is on)
Lotto sales over 60,000plus per month.
Shop sale of over $10, 000.per month.
Open 7 days a week from 7AM till 6PM,
Full training provided and easy transition. (subject Lotto training and approval)
Clean, tidy shop and easy to run by single person.
This week spent over $20,000 on digital lotto system, fittings, display systems.
Monthly commitment is just under $1,950. including all expenses!
(with new ATM provider $1200/month, weekly just$300 Wow!)
This is WIWO opportunity as Vendor wants to retire.
Potential
Landlord approved for Post shop (subject to Aus post approval).
Add Ice cream.
Add jewellery and gift items (full residential area)
Add more stationaries.
Add electronics gadgets and mobile accessories.
Very good opportunity for owner operated, asking price is $169,000 plus SAV. for more information.
Owner takes $8,000 plus per month.
Ref: NSW09491
Please Contact:
Broker: Gilraj Venkatappa
Phone: 0401744199
Email: [email protected]
Listing Number:
To complete an online confidentiality agreement, visit this business at: http://www.linkbusiness.com.au/businesses-for-sale/ca/NSW09491/
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*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.
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