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