Newsagency - Retail - Cards - Gifts - Lotto
Business Code: SS1004
$240,000
Enquire now+ Estimated Stock (SAV) $15,000
Stock image for illustration only. Real photos are available after you register as a buyer.
Key Features: Long established Newsagency - Strong Lotto Sales - Low Rent -South West Syd.
State: NSW
Suburb: Liverpool
Location: Well presented newsagency in a popular neighbourhood shopping centre with excellent visibility, easy customer access and consistent passing foot traffic in high growth city South West of Sydney.
Premises: Well-fitted newsagency with an attractive, functional layout, quality fixtures and fittings, excellent product presentation and clearly defined retail areas and an area of 85 sq. mts.
Business Overview
Retail Newsagency with large lotto sales trading successfully since 2008, with a large and loyal base of regular clientele. Highly popular for Lotto and Opal Card sales, plus additional passive income from a Bitcoin ATM paying the owner $330 per month,. Other products include newspapers, magazines, stationery, cards, confectionery and drinks. The Lotto counter is up to date with all the latest features. The business can be comfortably operated by just one working owner, making it ideal for an owner-operator or investor. A practical easy-to-run operation with full training and trial period available to ensure a smooth handover.
Owner is moving to Perth to be with family and new business..
Sale Reason
2008
Established
Plenty of free parking nearby
Parking
One owner
Employees
7 days - Monday to Friday: 7:00 am to 5:30 pm. Saturday and Sunday: 7:30 am to 5:00 pm
Trading Hours
Current lease expires 6th March 2028 plus a further 5 year option - 4 % annual rental increases and a 6 month bond.
Lease
Features
- Long-established newsagency with a clean, well-presented shop. Low rent
- Strong good consistent lotto sales.
- Prime location in town centre.
Potential
Could increase sales and profitability by expanding the product range to include giftware, magazines, drinks, confectionery and tobacco products.
Comments
Rent includes all outgoings and services - CCTV security installed. - Weekly revenue from actual lotto and scratchies sales is approx. $24,000 per week.with a 12% margin or $2880 p.w
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