A well-run newsagency located Near Oakleigh, currently owned for almost four years and offering a steady combination of lotto commission and retail shop sales. The business benefits from a long-term lease with security extending through to 2038, backed by a 5 by 5 year option, giving an incoming owner genuine long-term tenure.
The shop covers approximately 100sqm, with rent kept low at less than $600 per week.
Shop size approximately 100sqm
Lotto commission approximately $100,000
Shop sales profit approximately $60,000-$70,000
Rent less than $600 per week
Lease extension through to 2038, with 5 by 5 year option
Owned for almost 4 years
A stable, long-tenured retail business well suited to an owner-operator looking for a mix of reliable commission income and retail trade.
