Description

Newsagency, long established and providing a diverse range of services. A feature of the business is the strong Lotto sales of over $1,219,000 per annum and commission in excess of $160,000 pa. Other products include newspapers, magazines, stationery, cards, confectionery and drinks, with strong inquiry for Opal cards, phone cards, and Western Union. The Lotto counter is up to date with all the latest features.

Potential

Approval to stock tobacco products - Increase hours available for Western Union sales - Stock flowers as no florist available - Ideal for two partners.

Features

Long established - Strong local support - Great position with good foot traffic - Excellent Lotto product sales - Diverse range of services - Low rent with long lease.

Premises

Well appointed premises, with office, and with easy access to all departments of business.

Location

Great location in well established shopping centre in high growth city SW of Sydney.

Trading Hours

7 days - Monday, Wednesday & Friday: 9.00 am to 5.30 pm. Thursday: 9.00 am to 9.00 pm. Saturday: 9.00 am to 4.00 pm. Sunday: 10.00 am to 4.00 pm.

Lease

Current lease commenced April 2023 - Expires April 2028. 4% Increases - Bond 3 months.

Employees

2 owners

Comments

Rent includes all outgoings and services - CCTV security installed.

SBX ID

CB1488