Internal Ref: M2253
Summary
SBX Code: M2253 - Long established business. First time on market after 20 years. Regular customers. Stable income. Ideal for family business.
Rent
$1,155 pw
Net Profit
$2,835 pw
Location Details
Prime location in a shopping village in Sydney South West.
Potential
Could add parcel pickup and money transfer to increase sales. Promote local market. Ideal for family business.
Hours
5 days plus weekend half days. - Mon.- Fri.- 630 a.m. - 6 p.m. - Sat.- 7 a.m.- 1 p.m.- Sun.- 7 a.m
Lease
5 years lease commenced May 2024. 4% annual increases. 3 months rental bond.
Employees
Owner operator
About the Business
Newsagency - Lotto - Retail - South West Sydney
SBX Code: M2253
Long established newsagency selling newspapers, magazines, stationery, greeting cards, confectionery, soft drinks, cigarettes, and gifts etc. Lotto sales average $12700 with commission $1700 per week based on current two years Lotto sales report. Other shop products sales average $10,000 per week with at least $2500 profit.
Features
Good location. Long established. Regular customers. Stable income. Easy operation. Low rent. Well priced.
Premises
Well presented shop with an area approx. 65 m2 including a kitchen and storage space at back.
Comments
The rent includes GST and all outgoings. - Misc.- 1- Bank merchant fee. - A long established and profitable business. - First time on market after 20 years. - Well priced for quick sale. - A must to inspect.
SBX Code: M2253
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