The Shire Newsagency & Office Supplies 

Description

General Description
Newsagency selling newspapers, magazines, lotto, scratchies, stationery, cards, school books, toys, soft drinks, tobacco products, phone cards, gift items, confectionery etc. – Lotto sales approx. $1 million per year. – Lotto commission included in takings – Current deliveries to 4 sub-agencies, local service stations, milk bar, schools, aged-care centre etc – Premises includes 16 security cameras & new POS system.

Potential
Can offer parcel pickup, parcel logistics and money transfer service – Place more vending machines and ATM to increase revenue

Features
Low rent – Established for over 30 years – Well known in local community – Established accounts with several local businesses with 7 day payment terms from end of month.

Premises
Two level premises with an area of 140 sq.mts. with office space upstairs, 2 self-contained toilets.

Location
Excellent location near schools, local businesses, gym, restaurants & 170 metres from train station in South Sydney

Suburb
Gymea (Hidden)

Trading Hours
7 days – Mon. – Fri. – 6:30 a.m. – 6:00 p.m. – Sat.- 6:30 a.m. – 2:00 p.m.- Sun. – 7:00 a.m. – 1:00 p.m.

Lease
Current lease expires Dec. 2023 + 5 years option. – C.P.I.annual increases. – 3 months bond.

Sale Reason
Family reasons

Employees
1 owner + 3 casuals

Comments
Easy approval from landlord. – Buyer will require registration with NSW Lotteries. – Miscell. – 1 – refers to GST and tax obligations.