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Retail - Newsagency - Newsagency - Sales $30,400 P.W - Retail - Lotto For Sale

Sydney, New South Wales, Australia
Asking Price:
$280,000 (AUD)
Sales Revenue:
$1,580,800 (AUD)
Cash Flow:
$180,960 (AUD)

Newsagency selling magazines, newspapers, stationery, cards, gifts and Opal cards - Lotto sales are approx. $970,000 per year with commission of $97,000 which has been included in takings shown. - Back to base alarm system.

Potential
There is an opportunity to expand gift lines and stationery - Suit a couple or family business.

Features
Well established business for over 35 years - Low rent. - Long lease - No paper deliveries or subagents.

Premises
Well presented shop of approx. 150 m2 including office with plenty of storage and secure wrap room.

Location
Situated within a village style shopping centre with a major supermarket, cafes, bank, restaurants, library and a primary school opposite.

Trading Hours
7 days - Mon. - Fri. - 7.30 a.m. - 5.00 p.m. - Sat. - 7.30 a.m. - 2.30 p.m. - Sun. - 7.30 a.m. - 11.00 a.m. - Closed public holidays

Lease
5 year lease commenced 5 July, 2016 + 5 year option. -Rent is fixed at $5742 including GST with no outgoings.

Employees
One owner works full time + one owner works 12 hours per week supported by 3 casuals.

Comments

Property Information

Location:

Situated within a village style shopping centre with a major supermarket, cafes, bank, restaurants, library and a primary school opposite.

Business Operation

Expansion Potential:

There is an opportunity to expand gift lines and stationery - Suit a couple or family business.

Trading hours:

7 days - Mon. - Fri. - 7.30 a.m. - 5.00 p.m. - Sat. - 7.30 a.m. - 2.30 p.m. - Sun. - 7.30 a.m. - 11.00 a.m. - Closed public holidays

Employees:
One owner works full time + one owner works 12 hours per week supported by 3 casuals.
Years established:
35 years

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