Newsagancy - Lotto - Retail - Newsagency - Eastern Suburbs - Sydney Net $3,150 P.w, - Bargain Offer.

Download Save Saved Print

New South Wales

$80,000

Key Features

AI generated. Contact seller to confirm.

Good location
High quality fitout
Well priced for quick capital return
Approx. 200 m2 shop area
Ideal for family business
Potential to increase sales

Turnover: $2,530 per week
Net Profit: Not disclosed
Rent/Lease: Current monthly rent payable, new lease negotiable
Stock Value: Estimated 40,000
Established: Long established

Business Details

Business Category Newsagency

Newsagancy - Lotto - Retail - Eastern Suburbs - Agent SBX Code Number: M2128

Newsagency selling lotto, newspapers, magazines, stationery, confectionery, cards, gifts and Asian groceries etc. Weekly sales include parcel income around $700 p.w. and lotto sales - current year $1,134,340 with commission $117,270. Stock is extra at estimated $40,000 SAV.

Potential
Ideal for family business. Could add cigarette sales. Could add more gifts and toys to increase sales.

Features
Good location. Long established. High quality fitout. Well priced for quick capital return.

Premises
Well presented shop with an area of approx. 200 m2.

Location
Prime location in Shopping Plaza in Eastern Suburbs.

Trading Hours
7 days, Monday to Friday 730 am to 6 pm. Saturday & Sunday 830 am to 5 pm.

Lease
Current monthly rent payable. New lease will be negotiable between the buyer and landlord.

Employees
One owner + one casual

Comments
The rent includes all outgoings Long established and vendor has owned the business for 13 years. All figures can be reviewed at meeting. Bargain offer for quick sale.

Agent SBX Code Number: M2128 - Sydney Business Exchange