Newsagency - Established 30 years
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Newsagency - Inner West - Agent SBX Code Number: W1599
Newsagency selling lotto (25% of takings - 8% margin), cigarettes, phone cards, mobile phone accessories, phone repairs, stationery, giftware, Korean ginseng products, glasses, drinks, opal cards ($3000 per day - 2.5% margin), Money Exchange income $3000 per month. - Lotto rebate $60,000 per year.
Suit family business - could add health food products.
Prime location. - Long established stable business. - Very heavy pedestrian traffic to train station.
This business has an area of 112 sq.mts.
Situated on main road in very busy area of popular suburb in Inner West.
7 days - 530 a.m. - 700 p.m.
3 years + 3 years from December, 2017 - 3 months bond - 3% C.P.I. rental increases.
1 owner + 3 fulltimers
High volume of sales - Strong possibility to apply for a Residence Visa - Financial statements available June 2016, June 2017 - Full training available - Motivated vendor - A must inspection -Staff are not aware of sale so please be discreet and contact agent for inspection.
Agent SBX Code Number: W1599 - Sydney Business Exchange