Business Summary

Highly profitable Newsagency and Lottery with high commission in Adelaide
Price: $550,000 +$200,000(stock approximately)

Financial Information:
* Shop sale: $1.1M (FY2022)
* Lottery commission: $286,000 (FY2022)
* Shop size: more than 220m2 (equivalent 3 shops)
* Long lease and cheap rent
* Net Profit for a working couple: $272,000 in FY2022


Business Information:

* Retirement sale
* Very successful newsagency, multi income stream from gift and apparel
* Including online shop and offline shop.
* Marketing through Facebook, Twitter and website
* 6 days business
* Super newsagency, equivalent to 3 traditional newsagencies.
* Solid and trust worthy record.
* Convenient travel to the city, about 30 minutes' drive
* Locate within a shopping centre, adjacent to big supermarket
* Plenty of 2 hour free car park
* Owners prepared to stay in the business for a negotiable period to give a comprehensive hand over.
* Highly experienced and stable staff team will stay.
* Suit two families or one family with all the current staff.
* Requirement to the buyer: Good English, business experience is preferred, willing to work in the business and solid finance(or pre-approval from the bank)

Please ring Yiling Tang now or send an email to obtain further information.

Property Details