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

Melbourne, Victoria, Australia
Asking Price:
$168,000 (AUD)
Sales Revenue:
$1,258,400 (AUD)
Cash Flow:
$83,356 (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 - Also 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.- New Torrens University Campus , Business and Hospitality Opening soon across the road.- Stock is $50K (SAV)

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 - 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 owners + 1 paper boy ($700 p.w. ) shown in profit for 2 owners

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 owners + 1 paper boy ($700 p.w. ) shown in profit for 2 owners
Years established:
1969

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