Newsagency – Retail – Tobacco – Lotto

For Sale

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Sydney City Fringe

Business Code: W1965

$129,000
+ Estimated Stock (SAV) $40000
Key Features: Long established business. Excellent shop location. Retail corner location. No competition. Low rent. Stable business for many years. High foot traffic.
State: NSW
Suburb: Surry Hills
Location: Great corner location in busy retail street with shops, cafes and takeaways in Sydney City Fringe
Premises: Well presented good size shop which includes office + storage space and an area of 60 sqm
Price not disclosed

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Retiring after being in the same business for over 10 years.

Sale Reason

30 yrs

Established

Plenty of street parking in front of shop

Parking

2 owners

Employees

7 days - 7:30 am to 8:00 pm. (no limit) Sunday: 7:30 am to 5:00 pm.

Trading Hours

Current lease expires January 2026 - New 3 + 3 year lease available. - Bond 3 months - rent increase by 5% per year.

Lease

Newsagency selling newspapers, magazines, lotto, stationery, cards, toys, soft drinks, tobacco products (30% of sales) phone cards, gift items, confectionery etc. – Lotto sales commission $ 97,500 per year. All products delivered to the shop-Premises include 4 security cameras & POS system. & ATM.

Features

Long established business. Excellent shop location. Retail corner location. No competition. Low rent. Stable business for many years. High foot traffic.

Potential

Can offer parcel pickup, parcel logistics and money transfer service - Place more vending machines to increase revenue. can add flower sales.

Comments

Rent includes outgoings, Opening hours no limit. Suit owner operator or couple to continue to grow this business which is in a fantastic location. - All interested buyers must arrange a meeting through their SBX Broker.

Weekly Summary

Figures include GST unless stated otherwise

Weekly Takings
$25000
Cost of Goods
$17500
Gross Profit
$7500
Rent
$1980
Telephone
$13
Insurance
$95
Electricity
$100
Total Expenses
$2188
Estimated Stock
(Additional)
$40000
Net Profit
$5312
Price
$129,000
+ Estimated Stock (SAV) $40000
Price
$129,000
+ Estimated Stock (SAV) $40000
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