Internal Ref: W1965
Summary
SBX Code: W1965 - Long established - Well known - Excellent corner location - Nets over $5000 p.w.
Rent
$1,980 pw
Net Profit
$5,312 pw
Location Details
Great corner location in busy retail street with shops, cafes and takeaways in Sydney City Fringe
Potential
Can offer parcel pickup, parcel logistics and money transfer service - Place more vending machines and ATM to increase revenue. can add flower sales.
Hours
7 days - 730 a.m. - 800 p.m. (no limit) -Sunday - 730 a.m. - 500 p.m.
Lease
Current lease expires January, 2026 - New 3 + 3 year lease available. - Bond 3 months - rent in
Employees
2 owners (husband and wife)
About the Business
Newsagency - Retail - Tobacco - Lotto - Sydney City Fringe
SBX Code: W1965
Newsagency selling newspapers, magazines, lotto, stationery, cards, toys, soft drinks, tobacco products (50% of sales) phone cards, gift items, confectionery etc. - Lotto sales commission $ 97,500 per year. All products delivered to the shop-Premises include 4 security cameras & POS system.
Features
Long established business. Excellent shop location. Retail corner location. No competition. Low rent. Stable business for many years. High foot traffic.
Premises
Well presented good size shop which includes office + storage space and an area of 60 sqm
Comments
Rent includes outgoings, Opening hours no limit. Suit owner operator or couple to continue to grow this business which is in a fantastic location. - All interested buyers must arrange a meeting through their SBX Broker.
SBX Code: W1965
SBX Business Brokers
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