Internal Ref: SFD1077
Summary
SBX Code: SFD1077 - First time on market - Lotto commission profit $ 300,000 p.a High foot traffic - Security camera, office & storage space - No competition in area - Owners to retire.
Rent
$2,073 pw
Net Profit
$3,865 pw
Location Details
Busy local shopping centre, close to train station and surrounded with residences, school and businesses in North West Sydney.
Potential
Add parcel pickup, click and collect, Money transfer, post point and cigarettes to increase sales.
Hours
7 days - Mon. - Wed. & Friday - 8.00 a.m. to 6.00 p.m. - Thurs.- 8.00 a.m. to 7.00 p.m. - Sat
Lease
Current lease expires October 2029 - 3% annual rent increases - 6 months bond.
Employees
1 owner + 2 casuals
About the Business
Newsagency - Lotto - Retail - North West Sydney
SBX Code: SFD1077
Well established newsagency with new fit out selling lotto, newspapers, magazines, stationery, gifts, soft toys, greeting cards, phone accessories and opal cards. Shop has air-conditioning, security camera, office and storage space. Computerised POS system with 2 cash terminals.- Lotto commission of 300K plus per annum
Features
Excellent shop location, opposite supermarket & parking elevator with good . foot traffic. -First time on market.
Premises
Well presented good size retail shop with new shop fitout and includes office space with an area of 75 sq. mts.
Comments
Misc.- 1 - Other general expenses. - 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 and must not speak to anyone on site. - A must to inspect but please be discreet.
SBX Code: SFD1077
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