About the Business
Approximately 100 sqm of lettable retail space located near Train Station, shops, primary and private schools. The current owner has been operating this Newsagency for over 20 years and the sales are stable over the years and during covid period too due to a very loyal and strong support from the local community. The Owner wants to retire and give a new generation of owner the opportunity to run their own business and earn commissions from NSW Lottery sales.
Current Revenue is $12,200 per week.
Rent (incl. GST) $852.59 per week with $149.72 per week Outgoings.
Trading Hours
Mon – Fri: 6:00am – 6:00pm, Saturdays: 7:00am – 1:00pm & Sundays: 7:00am-12pm
Employee
1 x Full-time
Lease
Lease expiring February 2024 and New Lease 5 + 5 will be granted by Landlord upon purchase of the business.
Strengths & Potentials
✓ Located in heavy foot traffic area shop precinct and close to public transports, bus and train stations directly in front.
✓ One of the lowest rents in the area for large retail space good rear vehicle access.
✓ Ample street parking and off-street public carpark at rear lane.
✓ Not a franchise Newsagency therefore be your own boss and all profits go to you.
✓ Easy to operate with onsite large office, storage, toilet and private car space.
✓ Shop large area has potential to include more retail sales, tobacco displays, food and snack sales.
✓ Many public and private schools nearby therefore opportunity to stock Back to School stationary.