Description

Retail newsagency mainly selling lotto, cards, magazines, stationery and newspapers etc. The takings include lotto and scratch sales average $13610 per week with 12% of commission $1633 per week. Currently only trading 5 days with short trading hours 9:30 a.m.-.6.p.m. ( Mon.- Fri. ) due to the vendors health problem.

Potential

Could restore normal trading hours 7 am to 6 pm ( Monday to Friday ) and 8 am to 2 pm. ( Saturday ) to increase sales. Could add tobacco products ( lease permitted ) and increase soft drink items to boost sales and profit.

Features

Great and busy location. No competition. Easy to operate. Short trading hours. New 5 years lease available with cheap rent. Great growing potential. Well priced.

Premises

Well presented shop with area of 55 m2.

Location

Top location in high foot traffic area of major shopping centre in Lower North Shore area.

Trading Hours

5 days - Monday to Friday - 9:30 a.m to 6 p.m.

Lease

New 5 years available without refurbish requirement. - 4% increases - 3 months bond.

Employees

One owner

Comments

Misc.- 1- Refers to lotto charge fee. Misc.- 2 - Accountant fees etc. Keen vendor wants to quick sale duo to heath reason. A good buy opportunity. The shop POS can be reviewed on meeting. A must to inspect. Please be discreet when visiting the premises.

SBX ID

M2205