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Newly Newsagency/ Lottery/ Drop Off Point/ Tobacconist In Mascot For Sale

Mascot, New South Wales, Australia
Asking Price:
$60,000 (AUD) Furniture / Fixtures included
Sales Revenue:
Under $100K (AUD)
Cash Flow:
Under $50K (AUD)

Newly refurbished Newsagency at Mascot just finished its first year. Selling cards, stationary, Lotto and anime goods. Also has money transfer and CCTV set up.

Busy location with lots of customers for parcel drop off and pick up point. Prime location and just outside the train station, close to airport. Also on same strip as all the food stores. Adjacent to the main shopping strip where the supermarket is.

Lotto counter, Monitor, TV and tables are all new with a vibrant lighting to invite customers to the store.

Great investment for growth as there are no surrounding competition and is a ever developing suburb. This Newsagency is perfectly positioned to capitalize on the influx of residents, trade workers, and travelers.

Working 6 days Mon-Fri 10AM to 7PM (sat till 6PM) and potential to also open for the 7th.

Property Information

Real Estate:

Lease

Lease Terms:

Currenlty1.5 years approx with contract 3 years + 3

Living Accommodation:

Apartment block above business

Location:

Busy pedestrian crossroad

Premises Details:

Residential area, just outside train station and very close to airport. Lots of foot traffic.

Business Operation

Expansion Potential:

May expand to money exchange and also bring in Western Union for transfer.

Competition / Market:

No competition around for Lotto and only location which is a newsagency.

Reasons for selling:

Ill health

Trading hours:

Mon-Fri 10AM-7PM
Sat 10AM-6PM

Employees:
1
Years established:
1.5

Other Information

Support & training:

Training for two months

Furniture / Fixtures value:
$200,000 (AUD) - included in the asking price
Inventory / Stock value:
$20,000 (AUD)