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Main Street Newsagent with ROI

Listing Id : 269631

Location : New South Wales - Manly

Category : Newsagency and Lotto

Asking Price : $149,000

Business description

This Newsagent is more than just a newsagent. It stands out from all others, as it has huge potential to expand on an what is already a million dollar turnover. Located on the busy Pittwater Road in Sydney&#**** **** ;s Northern Beaches, it is a full newsagency selling lottery products, cigarettes, newspapers, magazines, stationery, cards, gifts and party items. It also offers home deliveries and wholesale stationery supplies. But there is more...the large shop has a layout that will allow the new owner to operate 2 businesses. You won&#**** **** ;t find this opportunity in many other places. The store has both front and rear entry. There is potential to partition the floor space into two business spaces (with the rear entry featuring a garage door/delivery area, as well as a counter); Think street access newsagent, rear entrance a delivery business or a party shop. Share the space, share the costs! Alternatively, you could expand the existing stationery wholesale business. Another added bonus is that there is no lotto refurbishment required and the store has expansive shop fit-out in excellent condition - which will save the new owner thousands of dollars. It is nestled amongst food and beverage establishments and next door to the local TAB. Backing onto a council car park, it has a high volume of foot traffic, and great local support/patronage producing a consistent turnover. Better still, the price has just been reduced. The owner must sell due to family reasons, so has dropeed the price by $50K (originally $199,000). Benefits of this business are: * Huge potential to operate 2 businesses, using existing client base * Dual entry and large fit-out can be multi-purposed to suit the operation of two businesses. Split the cost of rent to reduce expenses! * Great location on busy road, with great foot traffic and loyal customers * Fruitful Lotto commission * No competition in the vicinity, the nearest newsagent is a 5 minute drive * Easy to operate, with ability to control stock on hand. stationary on consignment and returnable. * Potential to increase sales by extending weekend trading hours * Great family business. Suited to a couple or family to owner operate, or an investor. This is an excellent return on investment. For more information on this opportunity and to receive and information memorandum, click the relevant contact button on this advertisement or contact Maree McSweyn on**** **** . Tags: newsagency, retail, newsagency lottery post office, lottery,business for sale, newsagent Our Ref: MM157 Property Code: 157


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