Leasehold Newsagency For Sale In Kensington Gardens ABM ID #6234

Erindale Papershop is a well-established newsagency that is situated in Kensington Gardens, an eastern suburb of Adelaide, SA.
This spacious newsagency sells newspapers, magazines, postal products, general stationery, large variety of greeting cards, wrapping paper and gift accessories, gifts and toys, puzzles and activity packs, cartridges, art supplies, and extra lines of merchandise that are appealing to customers. The newsagency sells X-lotto and associated lottery products. The newsagency also functions as a drop off/pick up point for dry cleaning. It is also regarded as the gift shop with the best collection of cards in the area. 
The business is strategically located in an affluent area of the eastern suburbs, on Kensington Road, ensuring plenty of passing traffic. There is off-street parking for customers and it is close to other essential town services. 
  • The business is currently operated by the 2 owners and 3 casual staff.
  • Trades 6½ per week
  • Turnover $500,000 pa incl Lotto commission
  • Easy to run
  • Current Lease options expire 2029
Leasehold Sale Price $200,000+SAV
ABM ID #6234

Market Conditions & CompetitionN/A

Financial SummaryN/A

Training & SupportN/A

Reason for SellingN/A

Location City: Kensington GardensState: South Australia Category Newsagency
Retail Store
Service Business

Weekly RevenueN/A Monthly RevenueN/A Annual Revenue$500,000

Contact PersonSimon Johnson Price$200,000+SAV Year Established1988

Phone07 3106 3811 Cashflow$N/A Employees2 owners and 3 casual

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