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Newsagency business for sale in Randwick

  • Newsagency
  • Randwick NSW 2031
  • Price Guide $288k or Express of Interest

Long Established Profitable Newsagency with Asian Grocery Store in Randwick NSW

Overview
We are excited to present a rare opportunity for you to acquire a thriving and established newsagency with Asian Convenience Store , situated in a prime location with outstanding accessibility. By taking the reins of this well-known business, you will inherit a loyal customer base, a large and diverse product range, and extraordinary growth potential. Don't miss this exceptional chance to enter the highly sought-after newsagency industry with a solid foundation. Reach out to us for more information and embark on a rewarding journey in the world of newsagency.

Features
* Spacious newsagency spanning approximately 177SQM.
* Established brand and clientele: Benefit from over 20 years of experience, an excellent reputation, and a loyal customer base that ensures a steady income stream for your business.
* Large and diverse product range: This newsagency stocks a wide variety of newspapers, magazines, books, stationery, confectionery, and other convenience items, catering to the needs of a wide range of customers.
* State-of-the-art facilities and equipment: The newsagency is equipped with modern point-of-sale systems, cash registers, and other equipment, eliminating the need for further investments.
* Training and support: Vendor offer extensive business training to help you master newsagency management in no time.
* Low operating costs;Newly upgraded Lottery section, nothing to spend;
* Social media accounts included in the sale;
* Attractive rent: Approximately $126,000+gst per annum; Includes outgoings;
* Total Weekly sales around $35,000+.

Potential
* Customization: Tailor the newsagency's services to cater to local market demands, introduce new products and services, and organize special promotions to enhance customer satisfaction and boost revenue.
* Growth potential: With a booming retail market in the region, this newsagency offers vast opportunities for expanding your clientele and increasing the value of your business.
* Expansion: Consider enlarging the newsagency's space or opening additional branches to serve a larger customer base.
* Brand development: Continuously enhance the newsagency's brand image and recognition to attract more business opportunities and foster long-term growth.

Trading Hours
Open 7 days a week, 6:30am to 6:30pm.

Lease
New 5 years lease available ; Fixed 4% annual rent increase; 3 months bond.

Financial Figures
Sales Revenue: Approxi. $35,000 per week
Wages: Approxi. $2K per week
Rent : Approxi. $2,300+gst per week

For those with a vision, this business offers incredible opportunities for expansion and the introduction of new concepts. For further information or to inspect the business, please email the broker for an NDA form or contact Jeffrey Lei at 0405888800.

IMPORTANT: The agency does not verify the accuracy of the information. Buyers are responsible for conducting their own due-diligence. We may call or contact/Whatsapp you if you enquire about the business. Interested buyers may be requested to register and complete a Non-Disclosure Agreement. All images are for illustration purposes only and may NOT reflect the business in any way

Business Highlights

Business ID2018663176
Floor Area177m²
Category
Last updated  24 Jul 2023
Map for Randwick NSW 2031
Map for Randwick NSW 2031Randwick NSW 2031

Business Highlights

Business ID2018663176
Floor Area177m²
Category
Last updated  24 Jul 2023
ANND Commercial Real Estate
Suite 2201,233 Castlereagh St Sydney NSW 2000

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