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Newsagency - Retail - Lotto - Newsagency - Well Established - Sales $40,000 P.W For Sale

St Marys, New South Wales, Australia
Asking Price:
$185,000 (AUD)
Sales Revenue:
$2,080,000 (AUD)
Cash Flow:
$130,000 (AUD)

Newsagency selling magazines, newspapers, cards, stationery, confectionery etc. - Turnover includes $30,000 per week of lotto sales delivering income of approximately $120,000 per annum. - No deliveries only 1 subagent in centre - .Fixtures included in asking price. - Vendor is reducing the size of the shop to reduce the rent. - Fixtures are included in the selling price -A new $35K lottery upgrade is due and this will be done by the current vendor and the cost is included in the selling price.

Potential
To add other retail items subject to landlord approval.

Features
Great location - Easy operation .

Premises
This business has an area of approx. 105 sq. mts. plus 6 sq. mts. of lock up office space. - Security lock up space for magazine delivery 4 sq. mts.

Location
Prime location in major Western Suburbs shopping centre.

Trading Hours
7 days - Shopping centre hours - late night Thursdays.

Lease
Current 7 year lease expires June, 2027 - 3 month bond - 4% annual increases.

Employees
Two owners working (only requires one person on a Tuesday)

Property Information

Location:

Prime location in major Western Suburbs shopping centre.

Business Operation

Expansion Potential:

To add other retail items subject to landlord approval.

Trading hours:

7 days - Shopping centre hours - late night Thursdays.

Employees:
Two owners working (only requires one person on a Tuesday)
Years established:
10 years

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