Newsagency selling Lotto, newspapers, magazines, stationery, tobacco, opal cards, phone & sim cards, phone accessories, soft drinks & confectionery, fax & photocopy service & parcel agent. Lotto commission is approximately $65,000 per annum.
Potential
A new purchaser could rent the upstairs 3 bedroom residence (currently being renovated throughout). Potential to paint the shop and give it a fresh new look. There are many new home units being built close by.
Features
Well established business. Great location. Large sales of cards & stationery. Low rent. Regular affluent customer base. Same owner for 11 years. Very consistent turnover. Residence attached
Premises
The shop has an area of 40 sq mts with a small store room & tea room.
Location
Well located on a busy main road close to a major fruit market and large Eastern Suburbs residential & shopping area.
Trading Hours
7 days, Monday to Saturday 7 am to 7 pm & Sunday 7 am to 4 pm.
Lease
5 year lease commenced October 2021. 3 months bond. 4% annual increases.
Employees
2 owners (Husband & Wife)
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