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Newsagent, NSW Lotteries, Gift, Cards in Affluent Suburb Upper North Shore, High Return | ID: 909

Wahroonga NSW 2076, Australia
$388,000.00 Advisory Services / Business For Sale
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Summary

This Newsagent is Newly renovated, a well-established business located in Upper North Shore. 40 years of history. Growing area with new housing developments, hospitals, aged care, and private schools.;

About the Business

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.

- $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 that are towards larger margin products such as high quality and affordable educational toys, gifts and in style greeting cards.

If you like to know more about the Business please complete our online confidentiality agreement here: https://www.abbabusinesssales.com.au/ca-form-909
or visit our Website www.abbabusinesssales.com.au and use reference #909 to search for the business.

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ABBA Group

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Member since 02/03/2020

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Listing Details

  • Asking Price
  • $388,000.00
  • Price Comments
  • Contact Broker
  • Status
  • Business For Sale
  • Business Type
  • Advisory Services