Summary
This business is a local institution, benefiting from a loyal customer base and a prime street-front location on Homer Street.
Revenue
$38,700 pw
Rent
$1,512 pw
Location Details
Situated on the busy Homer Street retail strip in Earlwood, ensuring high visibility and constant foot traffic.
Potential
•Introduce new product lines such as gifts, toys, or a wider range of stationery.
•Develop an online presence and social media channels to engage with the local community.
•Explore opportunities to add other services like parcel collection or a small-scale convenience grocery section.
Hours
Opent 7 days ; 7 am to 5:30 pm
Employees
Owner + 1 Staff. Suitable for a single owner-operator or a couple.
About the Business
FOR SALE: Profitable Newsagency with Strong Lottery Sales in Earlwood
An excellent opportunity to acquire a well-established and profitable newsagency in the heart of Earlwood, a thriving Inner West suburb.
This business is a local institution, benefiting from a loyal customer base and a prime street-front location on Homer Street. With a total turnover of over $2 million per annum, driven by high-volume lottery sales (generating over $194,000 in commission) and consistent retail cash flow, this is a secure and highly rewarding investment for a dedicated owner-operator.
【Revenue】
$38,700+ pw (approx.)
Lottery Commission
$3,700+ pw (approx.)
【Rent】
$1,512 pw (inc. GST)
【Business Highlights】
•High Turnover: Total annual turnover exceeding $2 million, underpinned by high-volume lottery sales and stable retail income.
•Prime Location: Situated on the busy Homer Street retail strip in Earlwood, ensuring high visibility and constant foot traffic.
•Loyal Customer Base: Long-standing business with a strong connection to the local community.
•Diverse Product Range: Offers a comprehensive range of products including newspapers, magazines, stationery, greeting cards, and other convenience items.
•Secure Lottery Income: As a registered NSW Lotteries outlet, the business enjoys a reliable and high-margin income stream.
•Simple Operation: A straightforward business model, ideal for a first-time business owner or an experienced operator looking for a stable investment.
【About the Business】
This traditional newsagency has been serving the Earlwood community for many years, building a reputation for friendly service and a comprehensive product offering. The business is perfectly positioned to benefit from the area's established residential population and the daily activity along the Homer Street shopping precinct. The combination of high-margin lottery sales and consistent retail turnover provides a stable and profitable financial foundation.
For further information or to inspect the business, please email the broker for an NDA form or contact: Jeffrey Lei via 0405 888 800
【Disclaimer: 】The information contained in this advertisement is provided by the vendor and is believed to be accurate, but prospective buyers should make their own inquiries and obtain professional advice before proceeding.
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