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Retail Shop/Newsagency With No Competition - Lake Cargelligo

Listing Id : 258668

Location : New South Wales - LAKE CARGELLIGO

Category : Newsagency and Lotto

Asking Price : $120,000 Neg + Stock

Business description

Business ID: CTOC1462 Owner says it’s the perfect family business! This great little business has provided an income for many a family over the past 80-100 years and will continue to do so for you. Located in a rural area with no competition, this busy retail shop and newsagency serves 150-200 customers a day from Lake Cargelligo and surrounding areas. Business highlights -Nearest competition is 90km away -Only outlet in the area for Lotto, newspapers and magazines, and gifts -Excellent location in the busiest part of town -Product margins 8-35% -Renovated premises. Shop area is approx. 130m2 with 70m2 of storage -Plenty of street parking -Run by the current owners since July 2014 -Sale includes around $100,000 of assets -2 weeks’ training offered, plus 2 weeks’ Lotto training -Current owner manages the business, with casual employees to help -Available as a leasehold business, or buy the building, expand and add more lines -12kw solar system for low running costs -Genuine reason for sale Building Price: $170,000 Business Price: $120,000 negotiable + Stock.

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