Description

Newsagency selling lotto, newspapers, magazines, stationery, confectionery, cards, gifts and Asian groceries etc. Weekly sales include parcel income around $700 p.w. and lotto sales - current year $1,134,340 with commission $117,270. 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. New lease will be negotiable between the buyer and landlord.

Employees

One owner + one casual

Comments

The rent includes all outgoings Long established and vendor has owned the business for 13 years. All figures can be reviewed at meeting. Bargain offer for quick sale.

SBX ID

M2128