Summary
Located in a busy shopping strip of Smithfield, this well-established Lotto and Newsagency offers a great opportunity for new business owners. With a strong track record and loyal customer base.
Revenue
$3,641 pw
Rent
$1,505 pw
Location Details
683 The Horsley Dr, Smithfield NSW 2164
Situated in the heart of Smithfield’s bustling local shopping strip, this property benefits from strong daily activity and visibility. The premises The site enjoys constant foot traffic thanks to the surrounding retail mix and essential services.
Potential
This shop currently operates as a Lotto, Tobacconist, and Newsagency, attracting steady customers and benefiting from high foot traffic. With its established base, there is strong potential to grow further by introducing additional convenience store products such as groceries, snacks, drinks, and everyday essentials (subject to landlord's consent and council approval if required). Diversifying the range would broaden customer appeal, create multiple income streams, and enhance revenue growth.
Hours
Mon–Fri: 4:00 am – 7.00 pm
Sat -Sun: 5:00 am – 2:00 pm
Lease
Lease expires March 2030 with one option of FIVE years
Employees
Business owners work full time with one staff
Reason for Sale
The current owners operate other businesses. While this shop benefits from a prime location and steady customer traffic, the owners have been unable to dedicate the necessary time, focus, and hands-on management required to grow its full potential. This creates an excellent opportunity for a motivated buyer to step in, take advantage of the existing strong foundations, and apply their energy and focus to further improve sales and profitability.
About the Business
Financial Highlights (Estimated.)
Lotto Commission (6 months): $50,000 (incl. GST)
Weekly Commission (cigarettes, magazines, and other items): approx. $1,600 (incl. GST)
These figures reflect strong and stable income streams from established product lines, providing a solid base for future growth.
Note: Lotto commission amounts fluctuate depending on prize payouts
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