Internal Ref: M2128
Summary
SBX Code: M2128 - Long established newsagency in good area. - Well priced for quick capital return and to make more profit before development.
Rent
$2,250 pw
Net Profit
$2,530 pw
Location Details
Prime location in Shopping Plaza in Eastern Suburbs.
Potential
Ideal for family business. Could add cigarette sales. Could add more gifts and toys to increase sales.
Hours
7 days, Monday to Friday 730 am to 6 pm. Saturday & Sunday 830 am to 5 pm.
Lease
Current monthly rent payable. Vendor has new 1 year lease as of 20.02.2024
Employees
Owner operator.
About the Business
Newsagancy - Lotto - Retail - Eastern Suburbs
SBX Code: M2128
Newsagency selling lotto, newspapers, magazines, stationery, confectionery, cards, gifts etc. Weekly sales includes lotto sales $1,300,000 with commission $130k in current year. Stock is extra at estimated $40,000 SAV.
Features
Good location. Long established. High quality fitout. Well priced for quick capital return.
Premises
Well presented shop with an area of approx. 200 m2.
Comments
The rent includes all outgoings Misc.- 1-refers to bank fees and other general business expenses. Bargain offer for quick sale. - M2128 and M2129 are two businesses in the same shopping centre and owned by same family and can be sold together or separately.
SBX Code: M2128
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