Profitable Newsagency Business for Sale Sydney

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Why buy this Profitable Newsagency Business

Profitable Newsagency Business for Sale Sydney Asking: $195,000 + SAV

This well-established newsagency is situated in a brand-new shopping centre with immense growth potential in the Liverpool region. The surrounding area is rapidly developing, with new residential apartments, schools, and commercial establishments adding to the local market. Long lease with 6 years left.

Business Highlights:

* The shop is impeccably fitted out with all necessary equipment and inventory. The new owner can step in and start operating immediately with everything in place.
* Solid lottery sale of over $1.2 million in lottery sales during the first year, generating an annual commission of approximately $110,000.
* The new owner will benefit from approximately $40,000 worth of lotto equipment and setup costs already covered.
* Sales of gifts and magazines are on the rise, contributing to increased revenue.
* Additional revenue stream includes a cryptocurrency ATM, offering a unique advantage and additional income potential.
* Weekly net profit of $1,500 to $2,000 with the current operation.

Current Operation: The business is managed by a full-time owner, with occasional assistance from a casual worker.

To find out more on the business, please contact Canaan on the enquiry button or contact on [email protected]

THE PURCHASER TO MAKE HIS/HER OWN INVESTIGATIONS AND ENQUIRIES IN RELATION TO THE BUSINESS AND NOT TO RELY UPON WARRANTY OR STATEMENT MADE BY THE VENDOR OR BY ANYONE ON HIS/HER BEHALF

Canaan is a licensed business broker with over 10 years experiences in selling all types of businesses throughout Sydney and NSW. When you are looking for a business broker with experience you can go no further than Canaan Lim, give him a call on 0466 989 813 to discuss further.