Award-Winning Newsagency- Lotto- Tobacco Shop For Sale- Major Shopping Mall Location - Near-New Fit-Out - Turnover in Excess of $10 Million Annually - only $550,000 plus SAV
Stock Included: —
Stock Value: —
Years Est: —
Gross Revenue: —
This is a case of being the right buyer at the right time! Family circumstances mean that I have to sell my extraordinarily successful newsagency. We are perfectly located at the main entry to a major shopping mall in Sydney’s high-density Western suburbs. The store has a near-new fit-out, huge loyalty club and turnover in excess of $10 million dollars annually. We are pricing this to sell so it could well be the bargain-of-the-century.
Newsagencies are an almost recession-proof business with constant demand for staples like lotto and lottery products, newspapers and magazines, gifts and tobacco products. Our store was voted newsagency of the year in 2017 because of our location, excellent fit-out with the newest lottery screen updates and our 1,000 strong store loyalty program. We are also the top-performing Western Union agent winning a customer service award presented directly by the Western Union CEO.
We have upgraded the store over the recent past to include a major investment in lotto and lottery screens. This is a requirement by NSW lotteries for all lotto outlets within the next few years. This substantial investment has allowed us to increase out lotto offerings to our customers. We have over 1,000 customers in our in-store loyalty program which was featured very positively in recent industry magazine spread and this club ads significantly to our turnover. We also have the exclusive territory for drop offs for various parcel delivery companies generating additional income.
We have experienced constant year-on-year growth in the past five years and the prospects for future growth are enormous. There can be an expansion of our giftware and card range in our Social Expression section plus further expansion in tobacco, passport photos and printing services. Turnover is currently in excess of $10 million dollars annually and our margins are excellent.
The business is being sold with all equipment included. We have advanced touchscreen registers and other POS equipment, we are a rare store with three lottery terminals, we have a new state-of-the-art, 16 camera HD security and surveillance system and we are one of the top10 NSW lottery agents in NSW. Our completely new store fit-out was only completed in January 2018 so there is nothing more to spend.
Walk-in and make money immediately! This is a unique opportunity to buy a top10 NSW lottery outlet with massive income and brand-new fit-out for an absolute bargain price. While this is a very well-established business, there is still huge growth potential. If you have ever wanted to be your own boss and earn a fantastic income, this is the opportunity of a lifetime. For a confidential discussion, please call the number above TODAY!