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Newsagency - Lotto - Retail - Newsagency And Post Point - Lotto - City Fringe - Est. 40 Years For Sale

Surry Hills, New South Wales, Australia
Asking Price:
$110,000 (AUD)
Sales Revenue:
$1,237,600 (AUD)
Cash Flow:
$104,936 (AUD)

Newsagency & Post Point - Fitted with a new counter and a licensed post office (Post Point Agency) - Also selling drinks, cigarette, stationery, cards, magazines. - NTN parcel pick up point - Air conditioned with a new system - 4 security cameras, Computerised POS system with 2 cash terminals.- Lotto sales 500K plus per annum - New university campus across from the shop and surrounded with other businesses and hospitality.

Potential
Increase the post office side of the business - Could add other products and gifts to increase sales - Could sell more office supplies to the nearby offices - Open longer hours.

Features
Great location - Good rent - No competition - Nothing to spend. - Established over 40 years. - New air conditioner .

Premises
Well presented retail shop with good size storeroom and office and an area of 100 sq. mts.

Location
Very busy street near bus, tram and train interchange and close to a large college and other commercial offices in City Fringe.

Trading Hours
5.5 days, Monday to Friday 6.30 am to 5.00 pm. Saturday 7.00 am to 12 pm

Lease
Current lease expires February 2024 - CPI increases - Currently only 1 month bond. - A longer lease can be negotiated.

Employees
1 owner

Comments

Property Information

Location:

Very busy street near bus, tram and train interchange and close to a large college and other commercial offices in City Fringe.

Business Operation

Expansion Potential:

Increase the post office side of the business - Could add other products and gifts to increase sales - Could sell more office supplies to the nearby offices - Open longer hours.

Trading hours:

5.5 days, Monday to Friday 6.30 am to 5.00 pm. Saturday 7.00 am to 12 pm

Employees:
1 owner
Years established:
1969