Home> Business for Sale >Convenience Store>NSW>EARLWOOD

Convenience Stores for Sale in Earlwood, NSW

Convenience Store

EARLWOOD, NSW

Profitable Newsagency with Strong Lottery Sales in Earlwood NSW

Profitable Newsagency with Strong Lottery Sales in Earlwood NSW

Earlwood, NSW, 2206

Retail · Convenience Store

$298,000

FOR SALE: Profitable Newsagency with Strong Lottery Sales in EarlwoodAn excellent opportunity to acquire a well-established and profitable newsagency in the heart of Earlwood, a thriving Inner West suburb.This business is a local institution, benefiting from a loyal customer base and a prime street-front location on Homer Street. With a total turnover of over $2 million per annum, driven by high-volume lottery sales (generating over $194,000 in commission) and consistent retail cash flow, this is a secure and highly rewarding investment for a dedicated owner-operator.Revenue$38,700+ pw (approx.)Lottery Commission$3,700+ pw (approx.)Rent$1,512 pw (inc. GST)LeaseLong-term lease available. Terms to be negotiated. Bond details available on application.HoursStandard retail hours. Specifics available upon request.EmployeesOwner + 1 Staff. Suitable for a single owner-operator or a couple.Business HighlightsHigh Turnover: Total annual turnover exceeding $2 million, underpinned by high-volume lottery sales and stable retail income.Prime Location: Situated on the busy Homer Street retail strip in Earlwood, ensuring high visibility and constant foot traffic.Loyal Customer Base: Long-standing business with a strong connection to the local community.Diverse Product Range: Offers a comprehensive range of products including newspapers, magazines, stationery, greeting cards, and other convenience items.Secure Lottery Income: As a registered NSW Lotteries outlet, the business enjoys a reliable and high-margin income stream.Simple Operation: A straightforward business model, ideal for a first-time business owner or an experienced operator looking for a stable investment.About the BusinessThis traditional newsagency has been serving the Earlwood community for many years, building a reputation for friendly service and a comprehensive product offering. The business is perfectly positioned to benefit from the area's established residential population and the daily activity along the Homer Street shopping precinct. The combination of high-margin lottery sales and consistent retail turnover provides a stable and profitable financial foundation.Potential for GrowthIntroduce new product lines such as gifts, toys, or a wider range of stationery.Develop an online presence and social media channels to engage with the local community.Explore opportunities to add other services like parcel collection or a small-scale convenience grocery section.For further information or to inspect the business, please email the broker for an NDA form or contact: Jeffrey Lei via 0405 888 800Disclaimer: The information contained in this advertisement is provided by the vendor and is believed to be accurate, but prospective buyers should make their own inquiries and obtain professional advice before proceeding.

View

Business for Sale by City

Business for Sale Sydney Business for Sale Melbourne Business for Sale Brisbane Business for Sale Gold Coast Business for Sale Perth Business for Sale Adelaide Business for Sale Hobart Business for Sale Canberra Business for Sale Darwin Business for Sale Sunshine Coast Business for Sale Newcastle Business for Sale Geelong Business for Sale Wollongong Business for Sale Ballarat

Business for Sale by State

Business for Sale ACT Business for Sale NSW Business for Sale NT Business for Sale QLD Business for Sale SA Business for Sale TAS Business for Sale VIC Business for Sale WA