Long Established Newsagency Strong Lotto Sales - Low Rent - S.W.Sydney - SS1004

Newsagency - Retail - Cards - Gifts - Lotto - South West Sydney - Agent SBX Code Number: SS1004

Retail Newsagency with large lotto sales trading successfully since 2008, with a large and loyal base of regular clientele. Highly popular for Lotto and Opal Card sales, plus additional passive income from a Bitcoin ATM paying the owner $330 per month,. Other products include newspapers, magazines, stationery, cards, confectionery and drinks. The Lotto counter is up to date with all the latest features. The business can be comfortably operated by just one working owner, making it ideal for an owner-operator or investor. A practical easy-to-run operation with full training and trial period available to ensure a smooth handover.

Potential
Could increase sales and profitability by expanding the product range to include giftware, magazines, drinks, confectionery and tobacco products.

Features
Long-established newsagency with a clean, well-presented shop. Low rent - Strong good consistent lotto sales. - Prime location in town centre.

Premises
Well-fitted newsagency with an attractive, functional layout, quality fixtures and fittings, excellent product presentation and clearly defined retail areas and an area of 85 sq. mts.

Location
Well presented newsagency in a popular neighbourhood shopping centre with excellent visibility, easy customer access and consistent passing foot traffic in high growth city South West of Sydney.

Trading Hours
7 days - Monday to Friday - 700 a.m - 530 p.m - Saturday and Sunday - 730 a.m - 500 p.m

Lease
Current lease expires 6th March, 2028 plus a further 5 year option - 4 % annual rental increases and a 6 month bond.

Employees
One owner

Comments
Rent includes all outgoings and services - CCTV security installed. - Weekly revenue from actual lotto and scratchies sales is approx. $24,000 per week.with a 12% margin or $2880 p.w Definite opportunity to increase sales and profitability by expanding the range of higher-margin giftware and cards.

Figures
Weekly Sales $30000
Rent (ex GST) $1060
Wages $0
Profit $2000

Agent SBX Code Number: SS1004 - SBX Business Brokers

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