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Convenience Store - General Store - Lotto - Newsagency - Convenience Store - Newsagency - Lotto - Glebe - Sydney - Nett $1501 P.W For Sale

Glebe, New South Wales, Australia
Asking Price:
$50,000 (AUD)
Sales Revenue:
$572,000 (AUD)
Cash Flow:
$79,092 (AUD)

Convenience Store - General Store - Newsagency - selling newspapers, magazines, Lotto, greeting cards, stationery, gifts, groceries, confectionery, drinks & cigarettes etc - Lotto sales approx. $240k p.a. - No newspaper home deliveries. - Parcel collection.

Potential
Great potential for a motivated owner operator. - Could easily increase sales by opening on Sundays. - Could offer some hot food like pies, sausage rolls & croissants.

Features
High foot traffic from after school collection plus Saturday Market Day. - Long lease. - Low rent. - Lotto sales.- Key cutting service.

Premises
This business has an area of approx. 45 sq. mts. + toilet.

Location
Well located on a very busy main road in the City Fringe / Inner West surrounded by residential, commercial and shopping area plus Primary School and University.

Trading Hours
6 days - Mon. - Sat. - 630 a.m. - 700 p.m. - Closed on Sundays.

Lease
3 + 3 + 3 year lease commenced December, 2016. - $15k Bond. - 3% Annual Increases.

Employees
1 owner

Comments

Property Information

Location:

Well located on a very busy main road in the City Fringe / Inner West surrounded by residential, commercial and shopping area plus Primary School and University.

Business Operation

Expansion Potential:

Great potential for a motivated owner operator. - Could easily increase sales by opening on Sundays. - Could offer some hot food like pies, sausage rolls & croissants.

Trading hours:

6 days - Mon. - Sat. - 630 a.m. - 700 p.m. - Closed on Sundays.

Employees:
1 owner
Years established:
March 2017

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