XKR1026 - Newsagency - Top location in major shopping centre
Stock Included: —
Stock Value: —
Years Est: —
Gross Revenue: —
Well established 12 years newsagency selling newspapers, magazines, books, cards, stationery, tobacco, drinks, phone cards, bus tickets, lotto, etc. No paper deliveries. It is located in a busy eastern shopping center. Next to a major supermarket. Lots of foot traffic. 110m2 shop is a good size to manage. Last year with lotto sales of $1.8 million. The current rent has been reduced to $4,195 p.w. from $6,460 p.w. The center is happy to negotiate a new lease. This nice venue has a good potential to add money transfer - Western union. Don't lose this opportunity, you can have a good business of your own. The owner would like to retire.
7 days - Mon. - Sun. - 8:30 a.m - 7:00 p.m. Thur. 8:30 a.m - 9:00 p.m.
1 owner + 4 casuals
Nett profit $280,000