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Stalwart North-side Newsagency

Business for Sale
Stalwart north-side Newsagency
Canberra ACT

SOLD

Sold

Stalwart north-side Newsagency

Stock Included:
Stock Value:
Years Est:
Gross Revenue:
-----THIS BUSINESS IS NOW SOLD-----

Established over 30 years, this large Newsagency turns over more than
$1.8 million per annum and made a net profit in excess of $169,000 last
financial year. Priced at $275 plus stock, this business represents an
excellent investment opportunity for buyers.

A staff of nine
delivery drivers is in place to service the extensive home delivery
paper run across twelve northern suburbs and the two owners are assisted
in-store by a permanent employee.

Income diversity is a key
feature of the business. Main sources of income include paper &
magazine sales, lottery commissions, stationary and card & wrap
sales.

This provides resilience against economic downturn. In
harder times paper sales may dwindle while lottery sales increase to
cover the shortfall, keeping you in a strong position financially.

After
13 years in the business and having earned a very attractive living
from it, the current owners are looking forward to retirement.

In brief:
  • Turnover above $1.8 million for 2012
  • Net profit approx. $170,000
  • Diversified income streams
  • Owners retiring after 13 years in the business
  • One month trial period available to buyer
  • Rent $4200/month for two premises (office and shop)
Asking $275,000 plus SAV
Stock approx. $40,000

Diversified,
steady profits; and a must-sell price – what are you waiting for?
Express your interest by using the ‘enquire’ form on this webpage or
alternatively enquire via email to sales@capitalcommercial.com.au  

Lead agent Frank Walmsley
0400 446 605

Please note that email enquiries from customers using @hotmail.com will not be able to be action unfortunately. Please use an alternate email and also provide a contact mobile or landline. Your understanding and assistance is appreciated. 
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