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Newsagency - Established - Family Business - Newsagency - Lotto Sales - Profitable - Established - Northern Sydney For Sale

Sydney, New South Wales, Australia
Asking Price:
$149,000 (AUD)
Turnover:
$821,912 (AUD)
Net Profit:
$70,200 (AUD)

This boutique Newsagency is located in one of the oldest established suburbs in NSW. Selling newspapers, magazines, lotto, scratchies, stationery, cards, school books, toys, phone cards, gift items, confectionery etc. - Lotto gross sales are included in weekly takings - The Lotto counter is up to date with all the latest features and situated in the best position of the store to capitalise on sales - Please note that owners wages have been included in weekly profit -

Potential
Potential to add parcel pickup and money transfer to increase sales - Promote local market - Ideal for family business - This business presents plenty of additional opportunities to increase takings such as Introduction of tobacco products - add Western Union sales - sell fresh flowers and more.

Features
Great Established location - Loyal regular customer base - Stable income - Easy operation. Low rent - Well priced - Lotto sales over $550,000. per year with a commission of $76,000. per year payable to the business.

Premises
Handy location at the entrance of the shopping village

Location
Prime location in established shopping village.

Trading Hours
Mon, Tues, Wed & Fri 9.00am - 530pmThurs 9.00am - 7.00pmSat 9.00am - 4.00pmSun 10.00am - 4.00pm

Lease
Commenced 20 Sept. 2025 - Terminating 19 Sept 2030 - 4% annual Increases - Bank Guarantee $19,250.

Employees
Husband & Wife run the shop.

Comments
Outgoings are gst inclusive and include: council rates, land tax, air conditioning , insurance, water rates and tenant waste - All interested buyers must arrange a meeting with the vendor through their SBX broker.

NOTE: Price excludes approx. $30,000 stock.

Misc # 1 - Shopping Centre Marketing Levi

Property Information

Location:

Prime location in established shopping village.

Business Operation

Expansion Potential:

Potential to add parcel pickup and money transfer to increase sales - Promote local market - Ideal for family business - This business presents plenty of additional opportunities to increase takings such as Introduction of tobacco products - add Western Union sales - sell fresh flowers and more.

Trading hours:

Mon, Tues, Wed & Fri 9.00am - 530pmThurs 9.00am - 7.00pmSat 9.00am - 4.00pmSun 10.00am - 4.00pm

Employees:
Husband & Wife run the shop.
Years established:
September 2017