CB1230 - Business For Sale - Newsagency Newsagency - Southern Highlands Nsw - Established 20 years - Profit $2690 pw

Newsagency - Retail - Southern Highlands
SBX Business Code: CB1230
Newsagency with large and expanding Lotto sales. - selling newspapers, huge range of magazines, Lotto products, gifts, stationery, cards, art supplies, fragrances and candles, confectionery, soft drinks, batteries and cigarettes. - Business is a member of News Express buying group. - Counter is equipped with modern computer with Tower software, and TAB advise no upgrade of facilities is planned. - Lotto commission is $98,000 pa. Stock is $60,000 extra.

Potential
Improve giftware range. - Expand cigarette selection. - Establish Facebook presence.

Features
No deliveries - Great position - developing residential area Strong local support - Easy to run - Strong and expanding Lotto sales - Well established

Premises
Attractive, large light and airy airconditioned premises with extra storage room and an area of 150 sq. mts.

Location
Main road frontage in small shopping centre in developing Southern Highlands town.

Trading Hours
7 days - Mon. - Fri. - 6.00 a.m. - 6.00 p.m. -Sat. - Sun. - 6.30 a.m. - 12.30 p.m.

Lease
Current lease expires 2019. - C.P.I. increases - 1 month bond.

Employees
2 owners.

Comments
No deliveries. - Security covered with steel grill rear doors and 4 CCTV cameras supplying images to remote monitor in rear store room. - Miscell.1 - Eftpos charges - Separate secure room available for delivery of magazines out of hours. - Drink fridges remain property of supplier. - Full lotto update completed April, 2020.
Figures
Weekly Sales $21000
Rent (ex GST) $550
Wages $0
Profit $2690

SBX Business Code: CB1230

SBX Business Brokers - Sydney Business Exchange