Internal Ref: CB1488
Summary
SBX Code: CB1488 - Newsagency - Situated in large shopping centre with takings over $29,000 p.w. - Strong Lotto sales
Rent
$1,000 pw
Net Profit
$2,451 pw
Location Details
Great location in well established shopping centre in high growth city SW of Sydney.
Potential
Approval to stock tobacco products - Increase hours available for Western Union sales - Stock flowers as no florist available - Ideal for two partners.
Hours
7 days - Monday, Wednesday & Friday 9.00 am to 5.30 pm. Thursday 9.00 am to 9.00 pm. Saturday
Lease
Current lease commenced April 2023 - Expires April 2028. 4% Increases - Bond 3 months.
Employees
2 owners
About the Business
Newsagency - Retail - South West Sydney
SBX Code: CB1488
Newsagency, long established and providing a diverse range of services. A feature of the business is the strong Lotto sales of over $1,219,000 per annum and commission in excess of $160,000 pa. Other products include newspapers, magazines, stationery, cards, confectionery and drinks, with strong inquiry for Opal cards, phone cards, and Western Union. The Lotto counter is up to date with all the latest features.
Features
Long established - Strong local support - Great position with good foot traffic - Excellent Lotto product sales - Diverse range of services - Low rent with long lease.
Premises
Well appointed premises, with office, and with easy access to all departments of business.
Comments
Rent includes all outgoings and services - CCTV security installed.
SBX Code: CB1488
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