Description

Newsagency selling newspapers, magazines, lotto, scratchies, stationery, cards, school books, toys, phone cards, gift items, confectionery etc. - Lotto sales over $3,000,000. per year with a 10% commission of $300,000. per year from Lotto. - Lotto sales are included in weekly takings. CCTV monitoring and back to base alarm system. The Lotto counter is up to date with all the latest features and situated in the best position of the store to capitalise on sales. Please note - Owners wages have been included in weekly Profit. NOTE: Price includes approx. $100,000 stock.

Potential

Would suit family. This business presents plenty of additional opportunities to increase takings such as: Introduction of tobacco products - Add Western Union sales - Sell fresh flowers - Explore the opportunity of introducing Australia Post.

Features

Recently renovated in June 24 with a $80,000 upgrade. Over $3,000,000. in Lotto sales with 10% + commission. Price includes approx. $100,000 stock.

Premises

Well presented retail premises with a an area of 370 sq. mts . This shop was renovated in June 2024 costing $80K

Location

Great location in well established shopping centre in high growth area of Western Sydney.

Trading Hours

7 days - Monday to Wednesday: 9:00 am to 5:30 pm. Thursday: 9:00 am to 9:00 pm. Friday: 9:00 am to 5:30 pm. Saturday: 9:00am to 5:00pm Sunday: 10:00am to 4:00pm

Lease

Current lease expires 22nd December 2028 - 5% rental increases yearly - 3 months bond. .

Employees

1 owner + 3 casuals

Comments

Outgoings are gst inclusive and include: marketing levi, council rates, land tax, air conditioning , insurance, water rates and tenant waste -

SBX ID

PM1065