Exciting Opportunity to Acquire Profitable Newsagency Lotteries Business in Southern Sydney - 1SELL Listing ID : 1AU0164

$165,000 + SAV

1SELL Listing ID: 1AU0164

Asking Price: $165,000 + SAV

Key Highlights of the business:

·      Newsagency and lotteries business.

·      The business generates revenue from numerous streams such as lotteries,  Newsagency sales, tobacco, parcel point, etc.

·      In close proximity to Sydney's CBD the location of this business enables for large amounts of organic foot traffic.

·      The business is currently semi-owner operated.

·      The business has been operating for over 15 years.

·      Annual revenue: $810,000 approx.

·      Annual net profit: $166,000 approx.

·      Annual rent: $44,000 approx.

1SELL presents an exciting opportunity to take ownership of a well-established Newsagency located in a bustling community hub in southern Sydney. This thriving business offers a diverse array of services, including traditional Newsagency offerings, lottery sales, and more.

Situated strategically, it attracts a steady stream of foot traffic, bolstered by its central location within the neighborhood. With a reputation for reliability and quality service, this business has become a trusted destination for locals seeking everyday essentials and entertainment. Its robust revenue streams underscore its stability and potential for growth, making it an enticing opportunity for investors looking to enter or expand in the retail sector.

After completing a confidentiality agreement, Financial information and lease details can be provided to qualified buyers.

Cost to acquire this business:

Price: $165,000 + Stock at value

Estimated stock: $20,000 +/- 15%.

Rental bond: 3 months

Disclaimer: Listing photos are for illustration purposes only and are not actual images of the business on sale. THE PURCHASER IS TO MAKE HIS/HER OWN INVESTIGATIONS AND ENQUIRIES IN RELATION TO THE BUSINESS AND NOT TO RELY UPON WARRANTIES OR STATEMENTS MADE BY THE VENDOR OR BY ANYONE ON HIS/HER BEHALF.

Details

Suburb Sydney
Property Type Business
Category Retail

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