AD ID: 132653

Newsagency and Lotto for Sale Sydney

Location:
Asking:
$160,000 + SAV
Type:

Newsagency - Lotto - Retail - Convenience Store

Newsagency and Lotto for Sale Sydney

Why buy this Newsagency and Lotto Business

Newsagency and Lotto for Sale Sydney Asking: $160,000 + SAV

For Sale: Established Newsagency, Lotto & Post Point Agency WIWO - Sydney City Fringe


General Description


Well established newsagency operating for over 40 years in a high exposure Sydney city fringe location. This versatile retail business combines a traditional newsagency with Lotto and licensed Post Point services ( licence to sell post office products like stamp, prepaid satchel, parcel collection/returns), generating multiple income streams and strong repeat customer traffic.


The business offers a broad product range including newspapers, stationery, soft drinks, cigarettes, gift cards, goget cards and postal products. It is also an NTN parcel collection point, adding further convenience and customer visitation.


The premises are fully equipped with a computerized POS system featuring two cash terminals, air conditioning, four security cameras, and a dedicated storeroom. Lotto commissions exceed $50,000 per annum.


Positioned directly opposite a newly established university campus and surrounded by hospitality venues, commercial offices, and other businesses, the store enjoys excellent foot traffic throughout the day.


Potential : Significant opportunity to further increase revenue by introducing


Coffee machine

ATM facilities

Fresh flowers

Pie Machine

Expanded gift and convenience product range


Features :


Prime city fringe location

No direct competition nearby

Established for over 40 years

Strong and loyal customer base

Nothing to spend

Multiple income streams

Secure long lease

Excellent exposure and foot traffic


Premises :


Well presented retail shop with a spacious storeroom and office area, occupying approximately 100 sq. mts.


Location :


Busy street front position close to major bus, tram, and train interchanges, universities, colleges, and surrounding commercial offices in Sydney's city fringe.


Trading Hours :


Monday Friday: 7:00 am 6:00 pm

Saturday: 7:00 am 1:00 pm

Sunday: Closed


Lease :


Current lease expires February 2029 with an additional 5 year option. Lease includes CPI increases only and an attractive low bond requirement of just one month.


Sale Reason :


Vendor relocating.


Financial Overview :


Asking Price: $160,000

Stock (approx.): $10,000

Annual Rent: $80,218 + GST

EBITDA: Approx. $100,000


Business Reference Code : PB1530

For more info Contact:

Tina Sha

Business Brokers Network Australia
Broker Ref: 25790
Business Brokers Network Australia

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