Location:
Sydney 2000 > Sydney - Greater > New South Wales
Investment level:
$279,000 + SAV
Type:
Business
Industry:
Retail > Newsagency, Lottery & Post Office > Newsagency
Well Established Thriving Newsagency which ticks all the Boxes! Well presented store, short operating hours, Strong Lotto Sales, Low rent, Growing Area
Strategically located in the rapidly growing sought after Hills District, this business has served its friendly community-oriented customer base for decades proving to be a very stable business. The business has diversified revenue streams from Greeting cards, Stationary, Magazines, Gifts, Education Books, Parcel pickups and together with strong sales from Lotto, makes this a secure business with a great return on investment
Business Highlights-
• Great secure Lease
• Rent $66,000 plus outgoings ($88,000 total rent)
• Strong Lotto Sales and increasing with loyal customer base (Lotto commission of $180k + projected for 2024)
• Surrounding schools and tuition centres bring in demand for Education Books which provides high margin.
• Can easily grow Tobacco Sales further.
• Greeting Card sales is strong hence potential to add more Gifts will further increase sales.
• New modern Fit out with current lotto setup
• Easy one person operation with POS system in place
• Store CCTV plus shopping centre security patrol.
• Secure well-spaced storage room
• Short trading hours Mon-Fri 8-5:30pm Sat 8-4pm Sun 8-2pm
• Strategically located in local shopping centre with high foot traffic
• Great trained staff in place
• Multiple revenue streams
The suburbs forecasted population growth of 26% and intended future developments for residential housing and major infrastructure projects will no doubt take this business to even greater heights.
For more information on this great business, fill the enquiry form or call 0481 592 693
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