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Description.
Be quick to view this business, boasting a very convenient position with a welcoming community ambience and presence, this business is perfectly placed, the shop and retail centre is home to numerous other local retail outlets. Forestville news agency is situated in a village style shopping centre with a major supermarket, cafes, bank, restaurants, library and primary school opposite.
Price has been reduced to $260000 plus stock. this is a fantastic opportunity for a husband and wife team
The business sells magazines, stationary, cards and gifts. Lotto sales are approximately $970,000 with commission of $97,000.
Figures show a profit of $155.000 for 2020
Features.
Well established business of over 35 years, long lease and low rent. No paper deliveries or sub agents. There is potential to expand gift lines and stationery. Ideally suited for a couple or family business.
Premises.
Well presented shop of approx 150ms including an office with plenty of storage, back to base alarm and off street parking.
Trading Hours.
7 days, Monday - Friday -7.30-5.00, Saturday- 7.30-2.30, Sunday- 7.30-11.00.Closed public holidays.
Lease.
5 year lease commencing 5 July 2016 + 5 year option.
Staff.
One owner works full time and one owner works 12 hours supported by 3 casual staff.
If interested, please contact the seller though the form on this page.
Lease
Lease ends July 2021 + 5 year option $5742 including GST per month fixed for term of lease no further outgoings
Vibrant village style shopping centre located at Forestville
Lock up shop - 150 m2 including office and storage area.
Non applicable
Opportunity to expanding gifts and stationary business to local businesses
No competition
7.30 - 4.30 Monday - Friday
7.30 - 2.30 Saturday
7.30 - 11.00 Sunday
Closed public holidays
Training and handover (to be negotiated) provided
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