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Sub - Newsagency - Retail - Shopping Centre Location For Sale

Sydney, New South Wales, Australia
Asking Price:
$118,000 (AUD)
Sales Revenue:
$1,248,000 (AUD)
Cash Flow:
$104,780 (AUD)

Retail sub - newsagency selling lotto, magazines, stationery, newspapers, greeting cards, gifts, confectionery, photocopy, fax, drinks,etc. - Lotto sales are approx. $1m. per year with commission approx. $100k per year included in takings - Also has Opal cards.

Potential
Could add more gifts - lots of new developments around the shopping centre will add to the residential numbers.

Features
No paper deliveries. - Suit first time buyer. - Well established.

Premises
Large modern shop with storage and an area of 110 sq. mts.

Location
Situated in main shopping centre in outer Western Sydney next to railway station.

Trading Hours
7 days - Mon. to Wed. - 9 a.m. - 5 p.m. - Thurs. - 9 a.m. - 7 p.m. - Sat. - 9 a.m. - 5 p.m. - Sun. - 10 a.m. - 5 p.m.

Lease
Current lease expires November, 2022. - Annual rental 3% -.-.-.---------. - 3 months bond.

Employees
1 full time owner operator.

Comments

Property Information

Location:

Situated in main shopping centre in outer Western Sydney next to railway station.

Business Operation

Expansion Potential:

Could add more gifts - lots of new developments around the shopping centre will add to the residential numbers.

Trading hours:

7 days - Mon. to Wed. - 9 a.m. - 5 p.m. - Thurs. - 9 a.m. - 7 p.m. - Sat. - 9 a.m. - 5 p.m. - Sun. - 10 a.m. - 5 p.m.

Employees:
1 full time owner operator.
Years established:
2008

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