Description

Newsagency selling newspapers, magazines, lotto, stationery, cards, toys, soft drinks, tobacco products (50% of sales) phone cards, gift items, confectionery etc. - Lotto sales commission $ 97,500 per year. All products delivered to the shop- Premises include 4 security cameras & POS system.

Potential

Can offer parcel pickup, parcel logistics and money transfer service - Place more vending machines and ATM to increase revenue. can add flower sales.

Features

Long established business. Excellent shop location. Retail corner location. No competition. Low rent. Stable business for many years. High foot traffic.

Premises

Well presented good size shop which includes office + storage space and an area of 60 sqm

Location

Great corner location in busy retail street with shops, cafes and takeaways in Sydney City Fringe

Trading Hours

7 days - 7:30 a.m. - 8:00 p.m. (no limit) - Sunday - 7:30 a.m. - 5:00 p.m.

Lease

Current lease expires January, 2026 - New 3 + 3 year lease available. - Bond 3 months - rent increase by 5% per year.

Employees

2 owners (husband and wife)

Comments

Rent includes outgoings, Opening hours no limit. Suit owner operator or couple to continue to grow this business which is in a fantastic location. - All interested buyers must arrange a meeting through their SBX Broker.

SBX ID

W1965