Well Established Newsagency in Thriving Hills Shopping Mall, Easy operation, Great potential
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About this business
In the broker's words
Full description, as written by the brokerAn excellent opportunity for an energetic, hands-on owner to take over an established newsagency with strong foundations and plenty of room for growth!
Featuring an attractive, well-presented fit-out, established Lotto operations, loyal customers and long-term staff, this business is ideal for a hands-on owner-operator looking to take an established business to the next level.
Key Business Highlights
- Lease until January 2028, with Landlord Hills Shire Council open to considering a further 5-year extension for a credible new owner.
- Lotto Commission: $133,391
- Education book sales: $21,400 annually with strong potential to grow
- Rent: $71,592 plus GST & outgoings
- Attractive shop presentation and POS system in place.
- Easy one-person operation with established long-term staff.
- Secure, large spacious storage room.
- CCTV and shopping centre security patrols.
- Short and convenient weekend trading hours.
Great Location
Surrounded by strong anchor tenants including TK Maxx, medical centre, pathology, chemists and supermarket, attracting customers of all ages.
Untapped Growth Opportunities
- Tobacco Potential: Opportunity to introduce tobacco sales. Not currently operated by the vendor.
- Increase Lotto commission through syndicates and share tickets.
- Expand giftware range, building on strong greeting card sales.
- Grow education books and stationery sales through nearby schools and tuition centres.
Supportive shopping centre management genuinely committed to helping businesses grow.
A fantastic opportunity for an owner-operator to secure an established business with plenty of upside!
Location
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