For Sale by Owner
Phone : 0450605 ****

Gift Shop/Newsagency/Specialty Retail

Listing Id : 22176

Location : New South Wales - Newcastle -Lake Macquarie

Category : Gift

Asking Price : 80,000

Business description

Newsagency with a great retail focus and diverse product range demonstrating profit growth.

Busy shopping centre with growing community.

Fully staffed with experienced employees who are responsible for opening and closing shop daily, ordering stationery,confectionary and lotto consumables.

Staff also responsible for newspaper and magazine returns.

Current owner only works 4 hours per week.


- Lotto Turnover $1,057,737

- Lotto commission $1**** **** ,3**** ****

- Annual turnover $1,283,887

- Staff wages. $74,418pa

- Owners profit. $36,299pa

-Stock (est) $50,000

Open 7 days Mon-Friday: 8am-5:30pm, Sat: 8am-2pm, Sun: 8am-12noon.

Excellent growth in giftware department sales.

Great oppoortunity to increase net profit for new owners.

$110,000 WIWO

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