Newsagency For Sale Prized Location

Business Sold Sydney NSW Region, New South Wales

Business Category Other Retail

SOLD

Description

Newsagency For Sale Prized Location

This is a brilliant opportunity to capitalise on a busy, long-established and profitable business. The site has been in operation for over 12 years and is priced to sell.
Located in a thriving city fringe shopping centre, within metres of the highest grossing Coles Supermarket in Australia (which turns over $2M per week). Many other major retailers are within metres of the shop- so foot traffic is constant and heavy, from open to close. There's abundant customer parking (2 hours free).
This Newsagency meets consumer demands with all gift, stationery, newspaper, magazine and Lotto products in one mega-store! The store is known for the huge selection of cards on offer, covering every occasion. Customers can choose a novel from the latest selection of books and top up their OPAL Card, or their mobile with a phone recharge.
The store also has facilities for printing, faxing and photocopying.
Over $150,000 has been spent on fitting-out the shop and the new Lotto fit-out has already been completed, costing $35,000 ('The Lott') - so there's nothing to spend.
Sales of approximately $2.5 million per year with an excellent return to the working owners. With a solid loyal/return customer base, the store sees year on year profitability.
No sub-agents and no deliveries - make your profits right from the store.
Over 75 square meters of shop space that allows for an extensive product range.
Very good supplier arrangements with a focus on gift cards, which generate excellent profitability.
Trading 7 days from 8.00am - 6.30pm.
5 years left on the lease. Good relationship with the Centre Management.
A great team of qualified and experienced staff is already in place.
Contact me directly to learn more about this Newsagency and discuss how I can be of assistance with your search for a business.
To enquire on this business visit XXXXXXXXXX and click on "enquire now" to complete a Confidentiality Agreement.
Ref:14772
Contact: Himanshu Shah
Phone:  XXXXXXXXXX .
THE PURCHASER TO MAKE HIS/HER OWN INVESTIGATIONS AND ENQUIRIES IN RELATION TO THE BUSINESS AND NOT TO RELY UPON WARRANTY OR STATEMENT MADE BY THE VENDOR OR BY ANYONE ON HIS/HER BEHALF.
Ref: 14772
Timestamp: XXXXXXXXXX 0126
Contact Seller

Bsale ID: 564912
Broker REF: 14772

Link Sydney