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Newsagency - Retail - Gifts - Cards - Newsagency - Retail - Eastern Suburbs - Sydney For Sale

Kingsford, New South Wales, Australia
Asking Price:
$138,000 (AUD)
Sales Revenue:
$1,097,200 (AUD)
Cash Flow:
$107,172 (AUD)

Newsagency selling newspapers, magazines, lotteries, stationery, extensive range of cards & gifts, phonecards, bus tickets, go get cards, counter parcel service, drinks, confectionery, plants and flowers etc.- Lotto sales in 2021$55,000 and yearly commission $5,500 (pre covid $65K) Stock is extra $23,000 (SAV) - Pre Covid sales where approx. $25,000 p.w. and current sales are increasing - Business may be suitable as well for immigration application.

Potential
A new owner or couple could increase both sales and profitability. - Add ATM (STA) - Increase money transfer, parcel services and cigarette sales - Promote flower and plant sales

Features
Well established - Easy to run - Low rent -Very busy street near bus and tram stop and interchange - Loyal clientele and great reputation in the area.

Premises
Small and compact newsagency with nice outdoor area for plants and flowers and a size of 60m2

Location
Busy shopping strip close to university, banks, restaurants, medical centre, supermarket & in the heart of a densely populated residential area and below an apartment block in the Eastern Suburbs of Sydney

Trading Hours
7 days - Mon. - Thurs. - 8 a.m. - 6.00 p.m.- Fri.- 8 a.m. - 5 p.m. - Sat.- 8 a.m. - 2 p.m. and Sun. - 8 a.m. - 12 noon

Lease
5 year lease expires Jan.2024, - CPI Increases - 3 month bond

Employees
1 owner

Comments

Property Information

Location:

Busy shopping strip close to university, banks, restaurants, medical centre, supermarket & in the heart of a densely populated residential area and below an apartment block in the Eastern Suburbs of Sydney

Business Operation

Expansion Potential:

A new owner or couple could increase both sales and profitability. - Add ATM (STA) - Increase money transfer, parcel services and cigarette sales - Promote flower and plant sales

Trading hours:

7 days - Mon. - Thurs. - 8 a.m. - 6.00 p.m.- Fri.- 8 a.m. - 5 p.m. - Sat.- 8 a.m. - 2 p.m. and Sun. - 8 a.m. - 12 noon

Employees:
1 owner
Years established:
2000

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