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Listing Id: 33703 Last Refreshed: 07/11/2024 Total Views: 2 Broker Ref: 21073

Newsagency, Top Performing in Lotto & Gifts

Sydney Region, SydneyNewsagents
Asking Price: $249,000
Business For Takeover
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Overview

  • Premise Type N/A
  • Premise Size N/A
  • Monthly Rental N/A
  • Rental Desposit N/A
  • Revenue N/A
  • Liability N/A
  • Gross Profit N/A
  • Net Profit N/A
  • Stock N/A
  • FFE N/A
  • Payable N/A
  • Receivable N/A
  • Owner Role N/A
  • Staff N/A
  • Established N/A
  • Source Broker

Reason For Sale

NA

Description

Well-established Newsagency positioned close to Hills District and Parramatta and strategically located inside a bustling shopping centre with prominent anchor tenants, Aldi, Coles, TKMaxx, Kmart, Service NSW and 70 speciality stores.

This secure business has annual lotto commissions of over $200,000 as well as strong profits from Greeting cards and Gifts. With strong income from diversified revenue streams, it can be run under management and still generate healthy profits or an owner-operator can easily generate annual profits close to $200,000.

BUSINESS HIGHLIGHTS:

✅ Prominent position with constant flow of foot traffic
✅ Potential to add group syndicates and further increase Lotto profits
✅ Top store fit-out and presentation
✅ Secure lease in place
✅ Well trained staff
✅ Advanced POS system in place

Current owner is not directly involved in the business so there is still room to take this business to even greater levels. Excellent opportunity with great return on investment!

Contact broker on 0481 588 488 for more information, or fill out confidentiality form directly (https://api.leadconnectorhq.com/widget/form/5rd89rHVecl7l100XcL6).
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