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Gift Shop, Newsagent, Nsw Lotteries, Gift, Cards In Upper North Shore | Id: 909 For Sale

Upper North Shore, New South Wales, Australia
Asking Price:
$388,000 (AUD)
Sales Revenue:
Available on request
Cash Flow:
Available on request

This Newsagent is newly renovated, a well-established business located in Upper North Shore.

40 years of history.

Major profit comes from selling Greeting Cards, gifts and other products. Opportunity for Postal Services as well.

Well suited to a husband and wife team or an operator with one casual staff.

LOCATION:
- Growing area with new housing developments, hospitals, aged care and private schools.

- Unique, village styled shopping centre well known for cafes, restaurants, beauty salons, medical and a supermarket.

- Affluent suburb, busy with locals and visitors from surrounding areas.

FEATURES:
- A long history of 40 years.

- NSW Lotteries.

- $200K renovation was done only 2 years ago.

- Loyal customers.

- Excellent fit-out and lightings.

- Famous for a wide range of card selections, toys and books.

- Only approx. 50% of total revenue is from lotteries - higher margins from other products and services.

POTENTIALS:
- There is scope to explore opportunities for extra businesses like parcel pick up, longer operation hours and postal services.

- Opportunities to sell a wider range of products and services.

NOTE:
- The shop has been fully renovated to comply with NSW Lotteries requirements.

- The new fit-out is suited to handle new business trends which are towards larger margin products such as high quality and affordable educational toys, gifts and in style greeting cards.

If you would like to know more about this Business please complete our online confidentiality agreement here:
https://---.-----------------.---.--/ca-forms/ca-form-909

or visit our Website ---.-----------------.---.-- and use the reference #909 to search for the business.

Property Code: 909
Agent: Jun Chung

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