Internal Ref: SS1004
Summary
SBX Code: SS1004 - Approx. $1.2M p.a. in Lotto & Scratchie turnover, loyal clientele, solid trade and upside through expanded giftware and retail lines.
Rent
$1,060 pw
Net Profit
$2,000 pw
Location Details
Well presented newsagency in a popular neighbourhood shopping centre with excellent visibility, easy customer access and consistent passing foot traff
Potential
Could increase sales and profitability by expanding the product range to include giftware, magazines, drinks, confectionery and tobacco products.
Hours
7 days - Monday to Friday 700 am to 530 pm. Saturday and Sunday 730 am to 500 pm
Lease
Current lease expires 6th March 2028 plus a further 5 year option - 4 % annual rental increases a
Employees
One owner
About the Business
Newsagency - Retail - Cards - Gifts - Lotto - South West Sydney
SBX Code: SS1004
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.
Features
Long-established newsagency with a clean, well-presented shop. Low rent - Strong good consistent lotto sales. - Prime location in town centre.
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.
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
SBX Code: SS1004
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