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Newsagency - Retail - Very Well Established - Netting $4213 P.W. For Sale

Sydney, New South Wales, Australia
Asking Price:
$280,000 (AUD)
Sales Revenue:
$1,820,000 (AUD)
Cash Flow:
$219,076 (AUD)

Newsagency selling magazines, newspapers, stationery, cards, cigarettes, confectionery, gifts & tickets etc. 5 sub-agents. Delivery 7 days approx. 150 per days. Lotto sales are approx. $1,052,000 per year with commission of approx. $98,000

Potential
Much more scope for substantial increase in lotto sales.

Features
Well established- Long lease. - No competition. - Recent fitout. - Fully licensed newsagency.

Premises
This business has an area of 65 sq. mts.

Location
Situated in a very busy local community with supermarkets, cafes, banks, & restaurants.

Trading Hours
7 days - Mon. - Fri. - 600 a.m.- 600 p.m. -Sat. - 600 a.m.- 500 p.m. - Sun. - 600 a.m.- 100 p.m.

Lease
New 5 + 5 year lease commenced Nov.2019 - 2.5% rent increase per year- - 3 months bond required.

Employees
One owner + 5 casuals.

Comments

Property Information

Location:

Situated in a very busy local community with supermarkets, cafes, banks, & restaurants.

Business Operation

Expansion Potential:

Much more scope for substantial increase in lotto sales.

Trading hours:

7 days - Mon. - Fri. - 600 a.m.- 600 p.m. -Sat. - 600 a.m.- 500 p.m. - Sun. - 600 a.m.- 100 p.m.

Employees:
One owner + 5 casuals.
Years established:
1985

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