Summary
Rent $6111+GST Per Month Shop Sale Monthly Approx $34000 Lottery Sale Monthly Approx $40000 Approx Net Profit around $200K Annually ASKING PRICE $400K + SAV
Rent
$6,111 pm
Net Profit
$16,000 pm
Location Details
SHOP 3 50 KENIHANS RD , HAPPYVALLEY
LOCATED IN VALLEY CENTRAL SHOPPING CENTRE
Reason for Sale
MOVING TO NORTHERN SUBURB AND BUSINESS PARTNER LEFT
About the Business
This Newsagency, Lotteries, Cards & Gifts is in a modern, established retail business ideally located within a rapidly expanding catchment area.
the business occupies a prime position within a newly developed complex, benefiting from high foot traffic generated by a strong mix of surrounding retailers and services.
The business successfully blends traditional newsagency lines and a dedicated Lotteries outlet, which serves as a consistent revenue driver,
The business provides an eclectic selection of giftware, greeting cards, decorations, and specialty items. This offering allows the store to cater to everyday convenience shoppers, seasonal gifting, and special events across a broad local socio-economic demographic.
Operating only 6 x days per week, the business is efficiently run by a working owner supported by a 3 casual staff member.
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