Newsagency Under Management, Eastern Suburbs, Lotto Commission over $220K in a Bustling Retail Hub

$295,000 / + SAV
8228 Property ID

Description

This newsagency is located on a busy main street, attracting high foot traffic and a diverse customer base. Offering a wide range of products including stationary, gifts, magazines, newspapers,  lotto, cigarettes, drinks and confectionery, it’s the go-to destination for locals and visitors alike.

The business is presently operating under management with trained staff, generating profits for the owner. An owner-operator has the potential to benefit further from this business opportunity.

Key Features:

  • Secure lease in place till 2029
  • Strong Lotto Sales of $1,900,000 annually with commissions over $220K plus
  • Strong greeting card sales of over $87,000 annually
  • Diverse Revenue Streams – Giftware, Lotto, magazines, newspapers, Greeting cards and cigarettes
  • Great store fit-out with CCTV and current lotto image
  • Suits both owner operator or under management

This is a fantastic opportunity to acquire a profitable, easy-to-run business with strong foundations. Enquire now to learn more!

Contact the broker on 0481 588 488 for more information.
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Address

  • Address Sydney Greater, NSW
  • Country Australia
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Overview

Contact

0481 588 488