Close

Choose your country

Or view all businesses for sale

Worldwide

Advertisement

Newsagency - Newsagency - Price Drop - Potts Point/Kings Cross - Sales $18,200 Pw For Sale

Sydney, New South Wales, Australia
Asking Price:
$85,000 (AUD)
Sales Revenue:
$946,400 (AUD)
Cash Flow:
$108,784 (AUD)

Newsagency with a recent $20K update on Lotto counters - selling lotto, papers, magazines, greeting cards, stationery, tobacco, cigarettes, drinks, confectionery, phone cards, mobile phone accessories, toys and stamps - photocopy and fax service.- Yearly Lotto sales over $1M with generated commission approx $105K per year - LED light has been installed in store. - CCTV camera - Hubbed courier service, blue shift service and N Parcel and Western Union money transfer.

Potential
Longer trading hours are allowed under zoning - Many new developments and apartments have already opened nearby - Increase stock variety and add gifts - Add dry cleaning - Change to any other business (STA) -Update the front of the shop for more exposure

Features
Great location - High foot traffic - Regular and loyal customers. - Best lottery sales in the area - Close to train station -Well established and known in the area - Built up area with lots of apartments - Below a small hotel

Premises
Highly visible shop front below a small hotel with excellent fixtures and good layout. Large shop with storage area, office, mezzanine level and toilet and total area of 138 sq. mts.

Location
Centrally located in a very busy village plaza with high foot traffic in the City Fringe near new developments, cafes, pubs and surrounded by retail and residential.

Trading Hours
7 -days - Mon. - Sat. - 7 a.m. till 7 p.m. - Sun. - 7 a.m. till 5.30 p.m.

Lease
Sep 16 till Sep 23. - 2.5% increases - 3 month bond.

Employees
1.5 owners (2 part time owners working 22-25 hours each per week) - 1 casual shown in wages

Comments

Property Information

Location:

Centrally located in a very busy village plaza with high foot traffic in the City Fringe near new developments, cafes, pubs and surrounded by retail and residential.

Business Operation

Expansion Potential:

Longer trading hours are allowed under zoning - Many new developments and apartments have already opened nearby - Increase stock variety and add gifts - Add dry cleaning - Change to any other business (STA) -Update the front of the shop for more exposure

Trading hours:

7 -days - Mon. - Sat. - 7 a.m. till 7 p.m. - Sun. - 7 a.m. till 5.30 p.m.

Employees:
1.5 owners (2 part time owners working 22-25 hours each per week) - 1 casual shown in wages
Years established:
1981

Contact Information

  1. Optional
  2. Country

  1. Optional
  1. What will I receive?

    BusinessesForSale.com is committed to protecting your privacy. Ticking this box means you are consenting to us sending you marketing emails.

    You will receive newsletters, updates and offers about business and franchise opportunities. We will also send you information about related business and franchise events.

    You can change your mind at any time by clicking unsubscribe in the footer of our emails.

    Find out more about what we do with your information in our privacy policy.

By submitting this form, you confirm that you agree to our Terms and Conditions. Please note that BusinessesForSale.com will send the above details to SBX Business Brokers. For more information about how we use your data, read our privacy policy.

Selling your business?

If you own a business and are considering selling, visit our Sell a Business section. Limited Free Trial available.

Sell Your Business

Are you a Business Owner?

Set up your Private Seller Account and create your listing today

Get Started Here

Are you a Business Broker?

Set up your BrokerWeb Account and list multiple businesses

Get Started Here