Description

Newsagency selling lotto, newspapers, magazines, stationery, confectionery, cards, gifts etc. Weekly sales includes lotto sales $1,300,000 with commission $130k in current year. Stock is extra at estimated $40,000 SAV.

Potential

Ideal for family business. Could add cigarette sales. Could add more gifts and toys to increase sales.

Features

Good location. Long established. High quality fitout. Well priced for quick capital return.

Premises

Well presented shop with an area of approx. 200 m2.

Location

Prime location in Shopping Plaza in Eastern Suburbs.

Trading Hours

7 days, Monday to Friday: 7:30 am to 6 pm. Saturday & Sunday: 8:30 am to 5 pm.

Lease

Current monthly rent payable. Vendor has new 1 year lease as of 20.02.2024

Employees

Owner operator.

Comments

The rent includes all outgoings Misc.- 1-refers to bank fees and other general business expenses. Bargain offer for quick sale. - M2128 and M2129 are two businesses in the same shopping centre and owned by same family and can be sold together or separately.

SBX ID

M2128