Current 5 year lease expires March 2022. - 3% rental increase. - 3 month bond
2 owners + 3 casuals
About the Business
Newsagency - Post Office - South West Sydney
SBX Code: FS1015 Post Office & fully licensed newsagency selling newspapers, magazines, stationery, cards, confectionery, bus tickets. - One sub-agent. - No paper delivery - Lottery commission income per year $ 125,000 & post office income $165,000 per year
Potential Could increase high profit margin products. e.g. cards, stationery. - Suit husband and wife team.
Features Well established business over 25 years - Beautiful fitout. - Strong local support. - Easy operation. - No competition.
Premises This business has an area of 100 sq.mts.
Location Situated in busy shopping centre in South-West Sydney beside major supermarket.
Lease Current 5 year lease expires March 2022. - 3% rental increase. - 3 month bond
Employees 2 owners + 3 casuals
Comments This is a rare opportunity to purchase two businesses in one. - .The owner is willing to provide training & ongoing support. - The profit is based on two owners working 4 days a week. - Vendor has just spent 200k for renovation - Rent includes outgoing.