Close

Choose your country

Or view all businesses for sale

Worldwide

Advertisement

Newsagency - Post Office - Lotto - Retail - Newsagency And Post Point - Lotto - Surry Hills Nsw - City Fringe - Est 40 Year For Sale

Melbourne, Victoria, Australia
Asking Price:
$198,000 (AUD)
Sales Revenue:
$1,102,400 (AUD)
Cash Flow:
$104,156 (AUD)

Newsagency & Post Point - Fitted with a new counter and a licensed post office (Post Point Agency) - 3 subagencies one of which brings in very large sales consistently every week- Very high cigarette sales - Good lotto turnover with commission of over $58,000 per year which is included in weekly takings. - Also sells opal cards, drinks, stationery, cards, magazines. - NTN parcel pick up point - Air conditioned with a new system - 4 security cameras, wrapping machine. - Computerised POS system with 2 cash terminals.- Pre covid sales $41,000 -.-.---- net profit $6 - $7,000 p.w.

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. - 2020 Lotto sales up by 3%. - 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 - Mon. - Fri. - 6.30 a.m. - 5.00 p.m. - Sat. - 7.00 a.m. - 12 p.m.

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

Employees
1 owner + 1 paper boy + 1 casual

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 - Mon. - Fri. - 6.30 a.m. - 5.00 p.m. - Sat. - 7.00 a.m. - 12 p.m.

Employees:
1 owner + 1 paper boy + 1 casual
Years established:
1969

Contact SBX Business Brokers

  1. This email address is already registered. Log in to continue.
  1. What will I receive?

    BusinessesForSale.com is committed to protecting your privacy. Ticking this box means you are consenting to us sending you marketing emails.

    You will receive newsletters, updates and offers about business and franchise opportunities. We will also send you information about related business and franchise events.

    You can change your mind at any time by clicking unsubscribe in the footer of our emails.

    Find out more about what we do with your information in our privacy policy.

By submitting this form, you confirm that you agree to our terms and conditions. Please note that BusinessesForSale.com will send the above details to SBX Business Brokers. For more information about how we use your data, read our privacy policy.

Selling your business?

If you own a business and are considering selling, visit our Sell a Business section. Limited Trial available.

Sell Your Business

Are you a Business Owner?

Set up your Private Seller Account and create your listing today

Get Started Here

Are you a Business Broker?

Set up your BrokerWeb Account and list multiple businesses

Get Started Here