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Sub Newsagency - Newsagency - Retail - No Competition For Sale

Sydney, New South Wales
Asking Price:
$178,000 (AUD)
Sales Revenue:
$1,137,968 (AUD)
Cash Flow:
$104,000 (AUD)

Sub newsagency selling lotto, papers, magazines, greeting cards, stationery, tobacco, cigarettes, drinks, confectionery, opal cards, phone - photocopy and fax service nearby - No home delivery of newspapers. - Weekly income of approx. $1600 p.w. for lotto ( annual turnover approximately $------.00 per annum included in weekly sales ) and approx $624 income per week for the ATM machine.

Potential
To extend the trading hours of the business.Lotto sales show that some giftware could be introduced to help increase weekly sales.

Features
No deliveries - Well established long new lease - No competitiion - Regular weekly income from both lotto and ATM machine .

Premises
Great premises with an area of 80 sq. mts. in good condition with outdoor under cover awning.

Location
Prime street front location in small strip shopping centre anchored with major supermarket chain in Western Suburbs.

Trading Hours
7 days - Mon. to Fri. - 7 a.m. to 6 p.m. - Sat. - 7 a.m. - 2 p.m. - Sun. - 7 a.m. to 12 p.m.

Lease
New 3 year lease + a further 3 year option currently being executed - 3% annual rent increases - 3 month bond.

Employees
One owner and family assistance when required.

Comments

Property information

Location:

Prime street front location in small strip shopping centre anchored with major supermarket chain in Western Suburbs.

Business Operation

Expansion Potential:

To extend the trading hours of the business.Lotto sales show that some giftware could be introduced to help increase weekly sales.

Trading hours:

7 days - Mon. to Fri. - 7 a.m. to 6 p.m. - Sat. - 7 a.m. - 2 p.m. - Sun. - 7 a.m. to 12 p.m.

Employees:
One owner and family assistance when required.
Years established:
1993

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