AWARD WINNING NEWSAGENCY IN SOUTHWEST WA
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Gross Revenue: Approx $4.2million p.a.
This outstanding business in a busy shopping centre is now on the market. This newsagency, recently winning a prestigious award, is located in a major city in SouthWest WA.
Revenue is consistently in excess of $4.2million per annum for the last 3 years making the owners a tidy profit. Excellent margins are achieved that are above industry standards demonstrating the great product mix and quality merchandising.
The store had a relay by a professional retail consultant which improved traffic flow, enhanced the presentation of products and improved the use of space resulting in a reduction of operational costs due to a rent reduction.
The business is located in a busy shopping centre with weekly traffic of approximately 38,000. This newsagency currently trades 6 days a week but is able to open for 7 days if the new owners desire.
The owners have held this business since 2001 but are now looking to retire.
Asking price is $540,000 plus stock of approximately $130,000. Call Wayne for more information on 0407 997 777 or email email@example.com
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Approx $4.2million p.a.
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