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Newsagency - Retail - Tobacconist - Newsagency - Sales $31,000 P.W. - Tobacconist - South Sydney - Profit $3,555p.W. For Sale

Gymea, New South Wales, Australia
Asking Price:
$230,000 (AUD)
Sales Revenue:
$1,612,000 (AUD)
Cash Flow:
$184,860 (AUD)

Newsagency selling newspapers, magazines, lotto, scratchies, stationery, cards, school books, toys, soft drinks, tobacco products, phone cards, gift items, confectionery etc. - Lotto sales approx. $1 million per year. - Lotto commission included in takings - Premises includes 16 security cameras & new POS system.

Potential
Can offer parcel pickup, parcel logistics and money transfer service - Place more vending machines and ATM to increase revenue.

Features
Low rent - Established for over 30 years- Well known in local community- Established accounts with several local businesses with 7 day payment terms from end of month.

Premises
Two level premises with an area of 140 sq.mts. with office space upstairs, 2 self-contained toilets.

Location
Excellent location near schools, local businesses, gym, restaurants & 170 metres from train station in South Sydney

Trading Hours
7 days - Mon. - Fri. - 630 a.m. - 600 p.m. - Sat.- 630 a.m. - 200 p.m.- Sun. - 700 a.m. - 100 p.m.

Lease
Current lease expires Dec. 2023 + 5 years option. - -.-.-.------ increases. - 3 months bond.

Employees
2 owners (wages shown in profit) + 1- 2casualss

Comments

Property Information

Location:

Excellent location near schools, local businesses, gym, restaurants & 170 metres from train station in South Sydney

Business Operation

Expansion Potential:

Can offer parcel pickup, parcel logistics and money transfer service - Place more vending machines and ATM to increase revenue.

Trading hours:

7 days - Mon. - Fri. - 630 a.m. - 600 p.m. - Sat.- 630 a.m. - 200 p.m.- Sun. - 700 a.m. - 100 p.m.

Employees:
2 owners (wages shown in profit) + 1- 2casualss
Years established:
1990