Prime position in Eastern Suburbs shopping centre next to major supermarket.
Suit family business. More products could increase profit.
7 days - Mon. - Sun. - 830 a.m - 700 p.m.
New 5 year lease from Oct. 2019 - 5% increases annually.- 3 month bond (Rent has been reduced to $41
2 owners + 4 - 5 casuals ( one owner fulltime and one owner 20 hours a week)
About the Business
Newsagency - Eastern Suburbs
SBX Code: ML1046 Full newsagency selling newspapers, magazines, books, cards, stationery, tobacco, drinks, phone cards, bus tickets, and lotto.-Current years lotto sales $1,818,837 with commission of $181,883 a year.
Features Top location. - Very stable. - Secure business. - No paper deliveries.- Well priced.
Premises This business has an area of 110 sq. mts.
Comments Miscell. 1 - Bank and accountants fees etc. - The Lotto commission almost covers the rent - Great chance to acquire a very secure and profitable business.