Newsagency – Retail – Tobacco – Lotto
Business Code: W1965
$129,000
Enquire now+ Estimated Stock (SAV) $40,000
Key Features: Long established business. Excellent shop location. Retail corner location. No competition. Low rent. Stable business for many years. High foot traffic.
State: NSW
Suburb: Surry Hills
Location: Great corner location in busy retail street with shops, cafes and takeaways in Sydney City Fringe
Premises: Well presented good size shop which includes office + storage space and an area of 60 sqm
Retiring after being in the same business for over 10 years.
Sale Reason
30 yrs
Established
Plenty of street parking in front of shop
Parking
2 owners
Employees
7 days - 7:30 am to 8:00 pm. (no limit) Sunday: 7:30 am to 5:00 pm.
Trading Hours
Current lease expires January 2026 - New 3 + 3 year lease available. - Bond 3 months - rent increase by 5% per year.
Lease
Newsagency selling newspapers, magazines, lotto, stationery, cards, toys, soft drinks, tobacco products (30% 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. & ATM.
Features
Long established business. Excellent shop location. Retail corner location. No competition. Low rent. Stable business for many years. High foot traffic.
Potential
Can offer parcel pickup, parcel logistics and money transfer service - Place more vending machines to increase revenue. can add flower sales.
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.
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