Newsagency - Secure business - New lease with 30% discounted rent.
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Newsagency - Eastern Suburbs - Agent SBX Code Number: ML1046
Full newsagency selling newspapers, magazines, books, cards, stationery, tobacco, drinks, phone cards, bus tickets, and lotto.-Current years lotto sales $1,818,837 with commission of $181,883 a year.
Suit family business. More products could increase profit.
Top location. - Very stable. - Secure business. - No paper deliveries.- Well priced.
This business has an area of 110 sq. mts.
Prime position in Eastern Suburbs shopping centre next to major supermarket.
7 days - Mon. - Sun. - 830 a.m - 700 p.m.
New 5 year lease from Oct. 2019 - 5% increases annually.- 3 month bond (Rent has been reduced to $4195 p.w. from $6460 p.w.)
2 owners + 4 - 5 casuals ( one owner fulltime and one owner 20 hours a week)
Miscell. 1 - Bank and accountants fees etc. - The Lotto commission almost covers the rent - Great chance to acquire a very secure and profitable business.
Agent SBX Code Number: ML1046 - Sydney Business Exchange