Newsagency with a recent $20K update on Lotto counters - Selling lotto, papers, magazines, greeting cards, stationery, tobacco, cigarettes, drinks, confectionery, phone cards, mobile phone accessories, toys and stamps - photocopy and fax service.- Yearly Lotto sales over $1M with generated commission approx $105K per year - LED light has been installed in store. - CCTV camera - Hubbed courier service, blue shift service and N Parcel and Western Union money transfer.- Priced for WIWO quick sale -Price is plus stock at value approx $70,000 -Lots of potential for a motivated new owner
Potential
Longer trading hours are allowed under zoning - Many new developments and apartments have already opened nearby - Increase stock variety and add gifts - Add dry cleaning - Change to any other business (STA) -Update the front of the shop for more exposure - Lots of potential for a motivated new owner
Features
Great location - High foot traffic - Regular and loyal customers. - Best lottery sales in the area - Close to train station - Well established and known in the area - Built up area with lots of apartments - Below a small hotel.
Premises
Highly visible shop front below a small hotel with excellent fixtures and good layout. Large shop with storage area, office, mezzanine level and toilet and total area of 138 sq. mts.
Location
Centrally located near a main street in a very busy village plaza with high foot traffic in the Eastern Suburbs near the train station and new developments, cafes, pubs and surrounded by retail and residential.
Trading Hours
7 -days - Mon. - Sat. - 7 a.m. till 7 p.m. - Sun. - 7 a.m. till 5.30 p.m.
Lease
Sep 16 till Sep 23. - 2.5% increases - 3 month bond.(New lease or option should be available with possible rent reduction)
Employees
1 owner - 1 casuals wages of $350 p.w. has been removed from wages and shown in profit as for 1.5 owners)
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