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Newsagency - Retail - Newsagency - Lower North Shore - 5 Days - Low Rent - Nets $2155 P.W. For Sale

Sydney, New South Wales, Australia
Asking Price:
$180,000 (AUD)
Sales Revenue:
$936,000 (AUD)
Cash Flow:
$112,060 (AUD)

Retail newsagency mainly selling lotto, cards, magazines, stationery and newspapers etc. The takings include lotto and scratch sales average $13610 per week with 12% of commission $1633 per week. Currently only trading 5 days with short trading hours 9:30 a.m.-.-.-.-. ( Mon.- Fri. ) due to the vendors health problem.

Potential
Could restore normal trading hours 7 am to 6 pm ( Monday to Friday ) and 8 am to 2 pm. ( Saturday ) to increase sales. - Could add tobacco products ( lease permitted ) and increase soft drink items to boost sales and profit.

Features
Great and busy location. - No competition. Easy to operate. - Short trading hours. - New 5 years lease available with cheap rent. - Great growing potential. - Well priced.

Premises
Well presented shop with area of 55 m2.

Location
Top location in high foot traffic area of major shopping centre in Lower North Shore area.

Trading Hours
5 days - Monday to Friday - 930 a.m to 6 p.m.

Lease
New 5 years available without refurbish requirement. - 4% increases - 3 months bond.

Employees
One owner

Comments
Misc.- 1- Refers to lotto charge fee. - Misc.- 2 - Accountant fees etc. - Keen vendor wants to quick sale duo to heath reason. - A good buy opportunity. - The shop POS can be reviewed on meeting. - A must to inspect. Please be discreet when visiting the premises.

Property Information

Location:

Top location in high foot traffic area of major shopping centre in Lower North Shore area.

Business Operation

Expansion Potential:

Could restore normal trading hours 7 am to 6 pm ( Monday to Friday ) and 8 am to 2 pm. ( Saturday ) to increase sales. - Could add tobacco products ( lease permitted ) and increase soft drink items to boost sales and profit.

Trading hours:

5 days - Monday to Friday - 930 a.m to 6 p.m.

Employees:
One owner