RENT CUT 13% LOTTO UP 14% PRICE DOWN SHELLHARBOUR NEWS
Situated conveniently in the middle of the shopping centre in between Coles & Woolworths and next to Myer.
193 sq metres of shop/office space incl. a small office.
Very low rent for this size of centre. Current lease ends Sept 2019 but new lease available for approved applicant for 5 years INCLUDES 13.9% DROP IN TOTAL RENT & OUTGOINGS!
In addition, the Centre will pay for $60,000 of renovations to shop!
Price for Goodwill and F & F dropped to $190,000 + stock
Business generates $4,083 “net” profit per week (see P & L below).
24/7 newsagency software support comes from Tower Systems, the leading provider to newsagencies in Australia.
Stockland Shellharbour is one of the largest shopping centres in the Illawarra area, located on Lake Entrance Road at Shellharbour City Centre, approximately 20 km south of Wollongong.
At Stockland Shellharbour there are over 3,000 outdoor and undercover car spaces for customers’ convenience. And most importantly parking is free! Bus services are at the door.
Major stores include Coles, Woolworths, Myer, Kmart, Target and Best & Less.
There are all 4 major banks and a Post Office.
Ranked #16 in sales in NSW/ACT amongst some 1,500 Agencies
Up from #50 in 2013/14
Lotto commissions: $5,919 p.w. in 2018.
Commissions up 14 % YTD 2019 versus last year.
3 Lotto terminals
CARDS/WRAP – Generate $2,610 weekly gross profit
STATIONERY – Generate $1,257 weekly gross profit
GIFTS – Great Potential!
GOODWILL & FIXTURES & FITTINGS $190,000 o.n.o.
(estimate – will be counted by independent stocktaker)
Monday to Fri 9am to 5.30pm (except Thurs) Thursday 9am to 9pm
Saturday 9am to 4pm
Sunday 10am to 4pm
We offer full training and assistance. This includes guidance in the preparation of applications for Lotto, major suppliers and the retail lease.
LIKE TO VISIT THE BUSINESS?
You are very welcome to visit the business. This sale is confidential. We would ask you not to approach the staff regarding this sale.
0423 529 041
To receive further information please complete the below registration: http://www.abbagroup.com.au/?p=4086955#enquire-nowTo receive further information please complete the below registration: https://www.abbagroup.com.au?p=4086955#enquire-now
Annual Rent : $155,012 - Weekly Rent : $2,981
Annual Turnover : Not Disclosed - Weekly Turnover : Not Disclosed
Annual Gross Profit : $610,636 - Weekly Gross Profit : $11,743
Annual Ebit : $212,316 - Weekly Ebit : $4,083
Lease Commencement : Sep 2009
Lease End : Sep 2024
Lease Option: 0 years
Current Outgoings pa: $36,712
Total Floor Area : 193 Square Metres
Total No of Parking : 3000
Franchise : No
Approximate Stock Value : $70,000
Year Established : 2000
Days Trading : 7
Staff : 2 Full Time - 4 Part Time - 4 Casual
Staff Salaries : $111,228
Reason for Sale : Retirement
Location : Shellharbour
Business Potential : Free refit of shop value $60,000. Potential to significantl;y grow Gifts
To enquire about this listing, please fill in the form below.