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Newsagency - Lotto - Retail - Inner West Newsagency - Low Rent - Net $1335 P.W. For Sale

Sydney, New South Wales, Australia
Asking Price:
$85,000 (AUD)
Sales Revenue:
$638,040 (AUD)
Cash Flow:
$69,420 (AUD)

Newsagency selling lotto, newspapers, magazines, cards, stationery, soft drinks, cigarettes etc. - The takings include lotto sales. -The gross profit includes lotto commission, ATM and post boxes income, pick up parcels plus can & bottles recycle commission. - The new lotto service station has been upgraded at cost of $35,000.in year 2020.

Potential
Ideal for a family business or first start business.- Increase gift sales.- Add tobacco items. - Expand parcel and recycle business- . Trade more hours on weekend to increase sales.- Potential to set up post office subject to government approval.

Features
Perfect location. - Long established. - Same owner 20 years. - Regular customers. - Low rent. - New long lease available.

Premises
Well presented shop with an area approx. 120 m2 including large store room, kitchen and toilet.

Location
Prime street front location opposite railway station in Inner West suburb.

Trading Hours
7 days - Mon. - Fri. - 630 a.m.- 6 p.m. - Sat. - 630 a.m.- 130 p.m. - Sun. - 630 a.m.- 1230 p.m.

Lease
2 + 1 year lease commenced 16th March,2022 - New longer lease available for the buyer if required.

Employees
2 owners (rotating)

Comments

Property Information

Location:

Prime street front location opposite railway station in Inner West suburb.

Business Operation

Expansion Potential:

Ideal for a family business or first start business.- Increase gift sales.- Add tobacco items. - Expand parcel and recycle business- . Trade more hours on weekend to increase sales.- Potential to set up post office subject to government approval.

Trading hours:

7 days - Mon. - Fri. - 630 a.m.- 6 p.m. - Sat. - 630 a.m.- 130 p.m. - Sun. - 630 a.m.- 1230 p.m.

Employees:
2 owners (rotating)
Years established:
Many years

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