Newsagency - Retail - Stationery - Gifts - Newsagency - Sutherland Shire - Netts $4,625 P.w.- Shopping Centre Location

Business For Sale New South Wales

Business Category Newsagency

$440,000

Description

Newsagency - Retail - Stationery - Gifts - Newsagency - Sutherland Shire - Netts $4,625 P.w.- Shopping Centre Location

Newsagency - Retail - Stationery - Gifts - South Sydney - Agent SBX Code Number: SF1652

Newsagency - (Listed in top 100 lotto sales in NSW) - Currently selling newspapers, magazines, lotto, scratchies, stationery, cards, school books, phone cards, gift items, confectionery etc. - Lotto sales approx. $2.4 Million per year. - Lotto commission included in takings - Premises includes 1 security terminal and 4 cameras - New Lotto counter - Pre Covid sales $17,500 p.w. and profit of over $5K p.w. - Stock is extra at estimated $40,000 (SAV)

Potential
Could add cigarettes and soft drinks - Ideal for family business. Could add more gifts and toys to increase sales - Add other services

Features
Loyal customer base - New Lotto counter - Same owners 15 years - Great location. - No paper deliveries - High foot traffic

Premises
Well presented and good size shop in shopping centre which is newly renovated with an area of 95 m2

Location
Situated in a local shopping centre near a major supermarket and next to escalator surrounded by retail, residential and schools in the Sutherland Shire.

Trading Hours
7 days - Mon. - Fri. - 8.30 a.m. - 530 p.m , Sat.- 8.30 a.m. - 5 p.m. and Sun. - 9.00 a.m. - 4 p.m.

Lease
5 year lease expires April, 2024 - 4% Increases - 3 month bond

Employees
2 owners + 2 casuals

Comments
Misc.- 1 - Other general expenses - Keen vendor needs retirement - First time on the market and a must to inspect.

Agent SBX Code Number: SF1652 - Sydney Business Exchange
Contact Seller
SBX Business Brokers

Bsale ID: 569042
Broker REF: SF1652

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