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Newsagency - Tobacconist - Retail - Newsagency & Tobacconist - Recently Renovated - Netting $3500 P.W.- Inner West For Sale

Erskineville, New South Wales, Australia
Asking Price:
$348,000 (AUD)
Sales Revenue:
$1,456,000 (AUD)
Cash Flow:
$182,000 (AUD)

Newsagency and tobacconist selling lotto, newspapers, magazines, cards, confectionery and tobacco products. - Lotto sales approx.$610,000 per annum

Potential
Improve giftware, stationery and card section - Improve tobacco accessories - add dry cleaning and parcel pick up services - suitable for husband and wife - large residential site nearby will be completed shortly which will bring more customers.

Features
Well established - Long lease - Busy location - No competition - Shop has recently been renovated - New lotto station

Premises
This business has an area of approx.100 sq. mts.

Location
Situated on busy road in Sydney Inner West.

Trading Hours
7 days - Mon. -Fri. - 6.30 a.m. - 6.30 p.m. -Sat. - 7.00 a.m. - 5.00 p.m. - Sun. - 7.00 a.m. - 3.00 p.m.

Lease
Current lease expires June, 2022 + 5 year option - 3% rent increases per annum - 3 month bond requested

Employees
One owner + one casual

Comments

Property Information

Location:

Situated on busy road in Sydney Inner West.

Business Operation

Expansion Potential:

Improve giftware, stationery and card section - Improve tobacco accessories - add dry cleaning and parcel pick up services - suitable for husband and wife - large residential site nearby will be completed shortly which will bring more customers.

Trading hours:

7 days - Mon. -Fri. - 6.30 a.m. - 6.30 p.m. -Sat. - 7.00 a.m. - 5.00 p.m. - Sun. - 7.00 a.m. - 3.00 p.m.

Employees:
One owner + one casual
Years established:
1988

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