Stalwart north-side Newsagency
-----THIS BUSINESS IS NOW SOLD-----
Stock Included: —
Stock Value: —
Years Est: —
Gross Revenue: —
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
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.
13 years in the business and having earned a very attractive living
from it, the current owners are looking forward to retirement.In brief:
Asking $275,000 plus SAV
- 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)
Stock approx. $40,000
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 firstname.lastname@example.org
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.