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Leasehold Newsagency For Sale In Kensington Gardens For Sale

Kensington Gardens, South Australia, Australia
Asking Price:
$200,000 (AUD) Furniture / Fixtures included
Sales Revenue:
$500,000 (AUD)
Cash Flow:
Available on request

Erindale Papershop is a well-established newsagency that is situated in Kensington Gardens, an eastern suburb of Adelaide, SA.

This spacious newsagency sells newspapers, magazines, postal products, general stationery, large variety of greeting cards, wrapping paper and gift accessories, gifts and toys, puzzles and activity packs, cartridges, art supplies, and extra lines of merchandise that are appealing to customers. The newsagency sells X-lotto and associated lottery products. The newsagency also functions as a drop off/pick up point for dry cleaning. It is also regarded as the gift shop with the best collection of cards in the area.

The business is strategically located in an affluent area of the eastern suburbs, on Kensington Road, ensuring plenty of passing traffic. There is off-street parking for customers and it is close to other essential town services.

The business is currently operated by the 2 owners and 3 casual staff.
Trades 6½ per week
Turnover $500,000 pa incl Lotto commission
Easy to run
Current Lease options expire 2029

Property Information

Real Estate:

Lease

Lease Terms:

5+5

Business Operation

Trading hours:

Monday to Friday 0830 - 1730
Saturday 0900 - 1700
Sunday 1100 - 1600

Employees:
2 owners and 3 casual
Years established:
20 years

Other Information

Inventory / Stock value:
$115,000 (AUD)

Contact Information

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