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Newsagency - Retail - Stationery - Gifts - Newsagency - Retail - Stationery - Gifts - Eastern Suburbs - Sydney Nsw For Sale

Randwick, New South Wales, Australia
Asking Price:
$98,000 (AUD)
Sales Revenue:
$520,000 (AUD)
Cash Flow:
$126,360 (AUD)

Retail newsagency selling magazines, newspapers, stationery, confectionery, toys, cards, tobacco, phone cards, Opal transport tickets, lotto, blueshyft, drinks etc. - Western Union and parcels - Annual lotto sales per year approx. $470,000 with commission of $53,000 - Lots of potential for a motivated new owner. Stock is extra at $30,000 SAV

Potential
Suitable for an investor, a family business or a single operator or couple - Could add more gifts and expand range

Features
Second level under construction for accommodation - Stable and secure business - Well established - Good lease - Outgoings included in the lease

Premises
Retail premises with an area of 94 m2 and a room rented out for Alterations

Location
Well located in the best part of the busiest shopping area close to Uni, hospital, Tafe and major supermarkets in the Eastern Suburbs.

Trading Hours
6 days - Mon. - Fri. - 700 a.m. - 600 .p.m., Sat 7 a.m. - 5 p.m. and Sun. 7 a.m. - 12 p.m.

Lease
Current lease expires Sept.2022 + 3 year option - -.-.-. increases - 3 month bond

Employees
2 full time owners + 1 casual

Comments

Property Information

Location:

Well located in the best part of the busiest shopping area close to Uni, hospital, Tafe and major supermarkets in the Eastern Suburbs.

Business Operation

Expansion Potential:

Suitable for an investor, a family business or a single operator or couple - Could add more gifts and expand range

Trading hours:

6 days - Mon. - Fri. - 700 a.m. - 600 .p.m., Sat 7 a.m. - 5 p.m. and Sun. 7 a.m. - 12 p.m.

Employees:
2 full time owners + 1 casual
Years established:
2000 Circa

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