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Newsagency with busy and regular customers (Under Offer)

$120,000 WIWO

  • ID Ref 4115
  • Suburb Prestons
  • State NSW
  • Status For Sale
  • Newsagency with busy and regular customers (Under Offer)

Business Description

Well established Newsagency, Lotto & Tobacconist in a good location (Prestons Sydney). The shopping village is the hub of the local area. The newsagency operated in the current location for more than 10 years, and is the "go-to place" for Lotto & Tobacco and parcel collections. In addition, the business is subagents for many newspaper and magazine. Other high in-demand retail items such as Cards, Confectionery, Gifts, and Stationery sales. Advertised price includes $50k stock at cost price.

- Established clientele
- Recent Renovation completed 1 year ago
- Long lease (3 years + 5 years option)
- Australia Post CPA for delivery and collection of parcels
- Owner Adjusted Profit $98,000 (Owner only works 15 hours pw)
- 6 trained casual staff
- A full time owner operator can save lots of payroll cost and run the business with only 1 part-timer during peak hours, thus keep more profit.

The owner has another commitment which is going to take up her time for this business and wish to sell urgently.

Contact Robert Su 0451497687 or for more details.

Business Features / Snapshot

Your Business Broker

Robert Su

Business Location

Prestons, New South Wales 2170