Skip to main content

Clothing & Accessories business for sale in Sydney

  • Clothing & Accessories
  • Sydney NSW 2000
  • $88,000 plus SAV

Newsagency For Sale At Bargain Price. Be Quick.

This News agency is in strip of shops in one of the busy streets Sydney CBD. Close to train station with abundant foot traffic. Surrounded by cafes, Pubs, residences and other retails stores. This is a Bargain price,be quick this won't last at this price. Currently owner operated.

Features
Lotto
News agency
Western union
Collection point for parcel service
Hubbed courier service
News papers
Mobile phone accessories
Phone cards
Magazines
Stationaries
Tobacco. And cigarettes
Photo copy
Toys and stamps
CCTV Camera installed
High foot traffic
Loyal customers
Pos system in place
Upgraded lotto counters spending nearly $20,000
Lease till Sep 2023. Land lord ready sign new lease on same terms.
Very low rent. $2,413+GST per week.
Lotto sales over 90,000plus per month.
Shop sale of over $20, 000.per month.
Trading hours: 7 days a week
Weekdays: 7AM -7PM
Sunday: 7AM 5.30PM.

Full training provided and easy transition. (subject Lotto training and approval). Clean, tidy shop and easy to run by single person. Massive shop with 138 sq meter area with office and toilets with mezzanine floor for gifts and cards shop looks awesome.

This is WIWO opportunity as Vendor's partners is overseas.

Revenue and Expenses
Lotto commission= $9K/month approximately
Store sales- $32K/month with 40% GP= $12,800/Month approximately
Parcel and money transfer commission= $850/month approximately
Rent per Month $10,448.29+GST
Weekly net earnings for owner operator before tax= $2500/week approximately
This will be a walk n walk out opportunity for quick sale.
For genuine buyers all papers will be provided after 100% refundable deposit is been paid

Potential
Add variety of Gifts has good amount space
Add party balloons. Great demand for this in this area
Add Laundry services as collection point
Add Ice cream
Add jewellery and gift items (full residential area)

Owner takes over $10,000 plus per month before tax.

Cost to Acquire
Business: $88,000
3months lease bond: $31,500
1month rental advance $10,449+GST
Stock: $70,000 + or 15%
Legal fees for buying the business and lease

Listing Number: NSW09926

Broker: Gilraj VenkatappaPhone: 0401744199Email: gilraj.venkatappa@linkbusiness.com.au

To complete an online confidentiality agreement, visit this business at: https://linkbusiness.com.au/businesses-for-sale/ca/NSW09926

THE PURCHASER TO MAKE HIS/HER OWN INVESTIGATIONS AND ENQUIRIES IN RELATION TO THE BUSINESS AND NOT TO RELY UPON WARRANTY OR STATEMENT MADE BY THE VENDOR OR BY ANYONE ON HIS/HER BEHALF
Ref: NSW09926
Timestamp: 20210620030101

Gilraj Venkatappa
Link NSW
Gilraj Venkatappa
Link NSW

Business Highlights

Business ID2017082501
Floor AreaAsk Business Broker
ParkingAsk Business Broker
Annual returnAsk Business Broker
Category
Last updated  19 Jun 2021
Map for Sydney NSW 2000
Map for Sydney NSW 2000Sydney NSW 2000
Gilraj Venkatappa
Link NSW
Gilraj Venkatappa
Link NSW

Business Highlights

Business ID2017082501
Floor AreaAsk Business Broker
ParkingAsk Business Broker
Annual returnAsk Business Broker
Category
Last updated  19 Jun 2021
Link NSW
Level 1, 181 Botany Road Waterloo NSW 2017
Gilraj Venkatappa
Link NSW
Gilraj Venkatappa
Link NSW
Gilraj Venkatappa

Gilraj Venkatappa

Link NSW

Call Broker
+61 401744199
CallEmail