Newsagent, Lotteries, Gift & Cards Business For Sale in North Shore

Business For Sale Description

This Newsagent is newly renovated, a well-established business located in Upper North Shore.

40 years of history.

Well suited to a husband and wife team or an operator with one casual staff.

LOCATION:

- Growing area with new housing developments, hospitals, aged care and private schools.

- Unique, village styled shopping centre well known for cafes, restaurants, beauty salons, medical and a supermarket.

- Affluent suburb, busy with locals and visitors from surrounding areas.

FEATURES:

- A long history of 40 years.

- NSW Lotteries.

- AU$200K renovation was done only 2 years ago.

- Loyal customers.

- Excellent fit-out and lightings.

- Famous for a wide range of card selections, toys and books.

- Only approx. 50% of total revenue is from lotteries - higher margins from other products and services.

POTENTIALS:

- There is scope to explore opportunities for extra businesses like parcel pick up, longer operation hours and postal services.

- Opportunities to sell a wider range of products and services.

NOTE:

- The shop has been fully renovated to comply with NSW Lotteries requirements.

- The new fit-out is suited to handle new business trends which are towards larger margin products such as high quality and affordable educational toys, gifts and in style greeting cards.

Property Code: 909

Business Location

Australia >> New South Wales >> North Shore

Property Type

Owned & leased property

Business Operation Details

Business/Company Age: 40 years