Located in a key position within the strip shopping area. The newsagency, established for well over 66 years, has grown into being a local "hub". The 'hub" has supporting stores with a Post Office, Butcher, Milk Bar/ Café, Florist, Pharmacy, Liquor Store plus other services catering for locals such as Chinese takeaway and a Pizza takeaway.
The store, a compact 82.5 sq. metres, is extremely well presented with the latest the Lott fit - out and a very good Tower Point of Sales system supporting the Lott terminal as well.
The premises are owned by the current newsagency owners and have a very reasonable rent for the "new" owners of $550 per week or $28,600 p.a.
The Lott shows an excellent return of $107,340 p.a. or $2,064 per week in turn this is over 3 times the rent which gives the great "heads up" to do more with such a presentation of a one stop shopping experience.
The current owners have worked the store between themselves with no staff, as is their choice, however the figures would allow for casual employment and still give a great return especially with the introduction of Books and an enlargement within the Gift and Toys catering for age groups matching the current Greeting Card Sales.
This newsagency has put together a great foundation for new owners to capitalise and grow other departments, especially specialising in Greeting Cards and Gifts in a similar manner.
For further information plus a full Business Profile please contact Business Performance Brokers
Graeme Day 0407 202 016 or Jacqueline Rossiter 0421 890 777.
