Newsagency selling newspapers, magazines, cigarettes, greeting cards, stationery, phone cards, Opal transport tickets, lotto, confectionery, gifts etc. - Annual lotto sales $2.9 million with current commission of 9.3% per annum. -
Could add money transfer - Western union, add online sales.
Prime location in busy shopping centre - High foot traffic - No paper deliveries - Loyal customers - Stable and secure business - Well established - Very easy to manage.
Well presented premises of approx. 56 m2 with storage .
Excellent position with lots of passing foot traffic and surrounded by other major retailers in a large shopping centre in the Inner West of Sydney.
7 days - Mon. - Sun. - 9:00 a.m. - 6.00 p.m. - Thurs. 9:00 a.m. - 9:00p.m.
Current 7 year lease commenced Aug 2018 - 5% increases annually - 3 months bond
New business commitments
Owner + 1 parttimer
Misc.- 1- Eftpos fee - This is a fantastic business opportunity for a single operator, couple, family or business investor wanting to let a manager operate and run the store. - The shop has been updated before renewal of the current lease. - Lotto is a new edition. - Nothing required to be improved.
XKR1051 - Newsagency - Inner west shopping centre - NP$4,840PW
Figure Display Type Regular Weekly Takings $68,871 Cost of Goods $59,500 Gross Profit $9,371 Rent (ex GST) $3,461 Outgoings $505 Wages $200 Telephone $5 Insurance $40 Electricity $70 Gas $ Misc 1 $250 Misc 2 $ Total Expenses $4,531 Nett Profit $4,840
Estimated Stock (additional) $25000