Newsagency - Stationery - Newsagency - Profit $2053 Pw - Eastern Suburbs Nsw - Same Owner 11 Years

Newsagency - Stationery - Eastern Suburbs - Agent SBX Code Number: G1748

Newsagency selling Lotto, newspapers, magazines, stationery, tobacco, opal cards, phone & sim cards, phone accessories, soft drinks & confectionery, fax & photocopy service & parcel agent. Lotto commission is approximately $65,000 per annum.

Potential
Could paint the shop and give it a fresh new look. There are many new home units being built close by.

Features
Well established business. Great location. Large sales of cards & stationery. Low rent. Regular affluent customer base. Same owner for 11 years. Very consistent turnover.

Premises
The shop has an area of 40 sq mts with a small store room & tea room.

Location
Well located on a busy main road close to a major fruit market and large Eastern Suburbs residential & shopping area.

Trading Hours
7 days, Monday to Saturday 7 am to 7 pm & Sunday 7 am to 4 pm.

Lease
5 year lease commenced October 2021. 3 months bond. 4% annual increases.

Employees
2 owners (Husband & Wife)

Comments
Please note that the current owner has renewed the front counter & Lotto area.

Agent SBX Code Number: G1748 - Sydney Business Exchange