Freehold or Leasehold Newsagency + Residence
Stock Included: —
Stock Value: —
Years Est: —
Gross Revenue: —
NO COMPETITION IN TOWN...
This busy newsagency has been established for over 50 years and has the benefit of being the only newsagency in this thriving country town.
The current owners have owned and operated the business since 2000 and have developed a business with an excellent reputation resulting in a regular and loyal clientele. It stocks a diverse range of products and carries the largest range of magazines, books and stationery in the area, plus, it is the only gold lotto agency and dry cleaning service available. The business has 7 sub agencies servicing the town and outlying areas.
* Fully computerised with bar-coding of all stock making it easy to operate
* Land comprising 2 blocks with very comfortable 2.5 bedroom residence
* Business turnover around $1.2 million plus agencies commissions of $75,000
St George is a Darling Downs service centre with a population of 3800 positioned on the Balonne River about 500kms West of Brisbane. Perfect for the relocating entrepreneur, the town offers great infrastructure including a variety of education and health services.
The district has a strong agricultural/industrial base servicing the local wheat, cotton, small crop and pastoral industries in the area. St George Newsagency is a business which shows high retention of its profitability even during difficult seasons making it an ideal business venture in a truly authentic country surrounding.The opportunities to significantly increase the future benefits of this business are now enhanced by recent developments in the area which will strengthen returns in normal agricultural seasons.
This is a great opportunity to experience a true country change lifestyle with an excellent business showing good returns.
Ideal business in an ideal area for a family seeking a good income!!
Business: $395,000 + sav (approx $120k)
(Financial statements and relevant information available for serious buyers)
SERIOUS VENDOR PRICE REDUCED
Interested parties encouraged to enquire, inspect and make an offer.
This property is being sold by auction or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes only.