Newsagency - Peakhurst - Low Rent

Description

Newsagency selling newspapers, magazines, stationery, cards, drinks, cigarettes etc. It is also offering parcel pickup service from Fastway, Toll, TNT, etc., as well as photocopy, fax, and dry cleaning services.

Situated on a busy street amongst other retail shops.

The store has been refurbished with new paint, and Lotto refit (costed the owner $24,000).

Lotto sales around $460,000 per annum with commission income approx. $46,000.

Cigarette sales $143,000 per annum, with profit $24,000.

Paper deliveries Mon. - Fri. - 100, Sat and Sun. - 120.

Good size shop with an area of 90 m2, and rear car park.

Low rent of $2,730 per month including GST and outgoings, CPI increase, and only 1 month bonds.

Lease 2 years on current lease + 3 +3

Long established with 31 years history.

Potential to add MoneyGram (Western Union), and to sell /top up Opal cards.

Ideal for family business, easy to operate. The owner will provide training.

Listing Details

  • Listing Number: 26971-88041
  • Location: Hurstville City Council, New South Wales
  • Price: 50,000.00 AUD
  • Down Payment: 8,500.00 AUD
  • Sellers Discretionary Earnings: 80,500.00 AUD
  • Category: Retail Miscellaneous

  • Inventory: 0.00 AUD
  • FF&E: 0.00 AUD
  • Employees: 0
  • Years Owned: 0
  • Reason for Selling: Retirement

Business Listed By: