Newsagency - Retail - Lotto

Business Code: F2546

Key Features: Well established

State: NSW

Location: Prime location in major Western Suburbs shopping centre.

Description

Newsagency selling magazines, newspapers, cards, stationery, confectionery etc. - Turnover includes $30,000 per week of lotto sales delivering income of approximately $120,000 per anum. Sub newsagency to major supermarket within shopping centre. - ..No deliveries only 1 subagent in centre.Fixtures included in asking price.

Summary

• Features: New fitout.


• Potential: To add other retail items subject to landlord approval.


• Premises: This business has an area of approx. 105 square meters plus 6 square meters of lock up office space.Security lock up space for magazine delivery 4 square meters.


• Trading Hours: 7 days - Shopping centre hours - late night Thursdays.


• Lease: Current lease expires July, 2019 - 3 month bond - 5% annual increases.A new lease may be available.


• Employees: Two owners working (only requires one person on a Tuesday)


• Comments: