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Newsagency - Lotto - Retail - Newsagency - Great Lotto Sales - Profit $2900 P.w. For Sale

Sydney, New South Wales, Australia
Asking Price:
$250,000 (AUD)
Sales Revenue:
$2,444,000 (AUD)
Cash Flow:
$150,800 (AUD)

Newsagency selling lotto, cards, confectionery, stationery, party ware, giftware, cigarettes, school books and phone cards etc. - The weekly takings include lotto sales. - Lotto sales was 2.05 million in year 2021 versus 2.6 million pre Covid. - Listed in top 100 lotto sales in NSW. - The more lotto sales the more profit. - This is a very easily operated business.

Potential
Could sell magazines. - Add more giftware. -Ideal for family business. - If lotto sales regain to average 2.6 million after market recovery the nett profit could increase $60,000 a year.

Features
Perfect location. - Easy to run. - Great growth potential.

Premises
Modern designed and kiosk style business with an area approx. 50 m2.

Location
Prime location in premium shopping centre of Inner West suburb.

Trading Hours
7 days - Mon. - Sat. - 9 a.m. - 6 p.m. - Thurs. till 9 p.m. - Sun.- 10 a.m - 5 p.m.

Lease
7 years lease expires Aug. 2025. -5% increases. - 3 months bond.

Employees
One owner plus one casual

Comments

Property Information

Location:

Prime location in premium shopping centre of Inner West suburb.

Business Operation

Expansion Potential:

Could sell magazines. - Add more giftware. -Ideal for family business. - If lotto sales regain to average 2.6 million after market recovery the nett profit could increase $60,000 a year.

Trading hours:

7 days - Mon. - Sat. - 9 a.m. - 6 p.m. - Thurs. till 9 p.m. - Sun.- 10 a.m - 5 p.m.

Employees:
One owner plus one casual

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