Very busy Newsagency and Giftware / Homewares shop.
Stock Included: —
Stock Value: —
Years Est: —
Gross Revenue: —
This business is suitable for a partnership or husband and wife team.
This newsagency presents two businesses in one, complementing one another attracting their regular customers through their core business buying their daily magazines, greeting cards or stationery items, and also entices customers as they walk past the beautiful giftware and homewares creating a one stop shopping environment.
The current vendor has offered to train incoming purchasers on buying and merchandising the gift and homewares range which has become favourite destination for its many customers who visit the shopping centre on a daily basis.
As a result, the vendors have created a great reputation within the centre for its great range of giftware and homewares with this range now accounting for approximately a third of its sales creating healthy profitability for the Newsagency versus many other Newsagencies within the industry.
The Newsagency has a direct account with all major suppliers, including the magazine distributors receiving the full margin. The only exception is this Newsagency is a subagent to the newspapers suppliers and as such there are no paper deliveries.
As part of the monthly rent, the vendors have negotiated 4 display stands filled with a great giftware and homewares which are located directly outside the shop attracting the majority of customers in this busy shopping centre which also offers free parking.
The vendors have had this business for 12 years, and the shop was relocated in 2015 to a superior location within the shopping centre featuring a brand new shop fitout throughout the Newsagency with no more to spend.
The business offers very good profit and all financials available for due diligence.
This business will provide a strong, steady income for years to follow as the new location provides for constant foot traffic with this being the only Newsagent within the shopping centre and has minimal competition in gift and homewares.
The vendors have asked not to approach them directly as they have staff working and would prefer a pre-arranged inspection.
For more information please quote- BSV 0805 and call
Michael on: 0400 645 133. NOW! or submit an enquiry.