Internal Ref: PM1086
Summary
SBX Code: PM1086 - Newsagency - Lotto Sales - Profitable - Established - Northern Sydney
Rent
$1,090 pw
Net Profit
$1,350 pw
Location Details
Prime location in established shopping village.
Potential
Potential to add parcel pickup and money transfer to increase sales - Promote local market - Ideal for family business - This business presents plenty of additional opportunities to increase takings such as Introduction of tobacco products - add Western Union sales - sell fresh flowers and more.
Hours
Mon, Tues, Wed & Fri 9.00am - 530pmThurs 9.00am - 7.00pmSat 9.00am - 4.00pmSun 10.00am - 4.00pm
Lease
Commenced 20 Sept. 2025 - Terminating 19 Sept 2030 - 4% annual Increases - Bank Guarantee $19,250.
Employees
Husband & Wife run the shop.
About the Business
Newsagency - Established - Family Business - North West Sydney
SBX Code: PM1086
pThis boutique Newsagency is located in one of the oldest established suburbs in NSW. Selling newspapers, magazines, lotto, scratchies, stationery, cards, school books, toys, phone cards, gift items, confectionery etc. - Lotto gross sales are included in weekly takings - The Lotto counter is up to date with all the latest features and situated in the best position of the store to capitalise on sales - Please note that owners wages have been included in weekly profit -/p
Features
Great Established location - Loyal regular customer base - Stable income - Easy operation. Low rent - Well priced - Lotto sales over $550,000. per year with a commission of $76,000. per year payable to the business.
Premises
Handy location at the entrance of the shopping village
Comments
pOutgoings are gst inclusive and include council rates, land tax, air conditioning , insurance, water rates and tenant waste - All interested buyers must arrange a meeting with the vendor through their SBX broker. /ppNOTE Price excludes approx. $30,000 stock./p
SBX Code: PM1086
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