Newsagency Under Management, Eastern Suburbs, Lotto Commission over $220K in a Bustling Retail Hub

Newsagency Under Management, Eastern Suburbs, Lotto Commission over $220K in a Bustling Retail Hub

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Location Details :

Country

Australia

State

New South Wales

City

Sydney


Industry :
Retail
Sub Industry :
Newsagency/Tatts

This newsagency is located on a busy main street, attracting high foot traffic and a diverse customer base. Offering a wide range of products including stationary, gifts, magazines, newspapers, lotto, cigarettes, drinks and confectionery, it's the go-to destination for locals and visitors alike.

The business is presently operating under management with trained staff, generating profits for the owner. An owner-operator has the potential to benefit further from this business opportunity.

Key Features:
- Secure lease in place till 2029
- Strong Lotto Sales of $1,900,000 annually with commissions over $220K plus
- Strong greeting card sales of over $87,000 annually
- Diverse Revenue Streams Giftware, Lotto, magazines, newspapers, Greeting cards and cigarettes
- Great store fit-out with CCTV and current lotto image
- Suits both owner operator or under management

This is a fantastic opportunity to acquire a profitable, easy-to-run business with strong foundations. Enquire now to learn more!

Contact the broker on 0481 588 488 for more information.
For a quicker response, complete our Confidentiality Agreement: https://api.leadconnectorhq.com/widget/form/5rd89rHVecl7l100XcL6

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To talk about a business, you have to understand the business, know where the money is made, understand the processes, sytems and be able to understand the risk factors.

Understanding a business from the Owners point of view and being able to relate information about the business to the Buyer from his point of view, being factual and not embellishing the actual results is what we seek to achieve.

To have Certified Practicing Business Brokers that are also Registered Business Valuers, you have the opportunity to get excellent advice on how to increase the value of your business as a Seller or as a Buyer. This advice is also impatial, we see the mistakes that are made on a regular basis. You are free to use our advice or temper it with advice from your other advisors. Generally our advice is free in general areas or you can engage a Business Broker short term to use us as a sounding board to work with you on more specific requirements.

If you are a Buyer and are looking for a specific business and you have not found it on our website or others, we may be able to find the business that best suits you. Often we know of business that are not on the market, but we know that the Owner would sell if there is a qualified Buyer looking. 

email : admin@businessbrokersnetwork.com.au or Call 1300 33 18 14

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$295,000 + SAV

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