Newsagancy – Lotto – Retail
Business Code: M2128
$80,000
Enquire now+ Estimated Stock (SAV) $40,000
Key Features: Good location. Long established. High quality fitout. Well priced for quick capital return.
State: NSW
Suburb: Randwick
Location: Prime location in Shopping Plaza in Eastern Suburbs.
Premises: Well presented shop with an area of approx. 200 m2.
Family reasons.
Sale Reason
Many years
Established
Centre parking
Parking
One owner + one casual
Employees
7 days, Monday to Friday: 7:30 am to 6 pm. Saturday & Sunday: 8:30 am to 5 pm.
Trading Hours
Current monthly rent payable. New lease will be negotiable between the buyer and landlord.
Lease
Newsagency selling lotto, newspapers, magazines, stationery, confectionery, cards, gifts and Asian groceries etc. Weekly sales include parcel income around $700 p.w. and lotto sales - current year $1,134,340 with commission $117,270. Stock is extra at estimated $40,000 SAV.
Features
Good location. Long established. High quality fitout. Well priced for quick capital return.
Potential
Ideal for family business. Could add cigarette sales. Could add more gifts and toys to increase sales.
Comments
The rent includes all outgoings Long established and vendor has owned the business for 13 years. All figures can be reviewed at meeting. Bargain offer for quick sale.
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