Description

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.

SBX ID

G1748