$250,000 + SAV (Approx. $80,000)
About this opportunity
High turnover Newsagency business on the corner of Townsville’s two busiest main roads. A very busy suburban Shopping Centre Location with plenty of off street and on street parking. The current owner has been in Newsagencies for decades saw great opportunity in this location some years ago.
Why should you consider this opportunity?
- Well Established Business
- Great Reputation
- Well Presented
- $1.8m Turnover
- Owner Operated
- Easily Run
- Experienced Staff
- Trades 7 Days
- New Lease
- 100m2 Retail Space
- Accountants Figures
- Good Bottom Line
This Newsagency is well-established long term tenant in a very busy suburban Shopping Centre that contains 11 other support businesses.
The business is much more than just Newspapers and Magazines, Greeting Cards, Lotto and Scratchies, it stocks a large range of Giftware for every occasion, full range of Stationary catering to Business, Home and Education, Darrel Lea confectionary, a great choice of colourful Gift Wrap, Gift Boxes, Gift Bags and Ribbons etc.
The Golden Casket livery is up to date as a new fit out has just been completed at a cost of $35,000. The shop is very well merchandised with lots of colour and stock, this newsagency is striking in its high traffic location. Merchandising recovery is maintained by experienced staff.
As with most full newsagencies this one also uses the computerized Tower Point of Sale System which is very accurate and provides a myriad of Daily or Monthly report in all manner of configuration. As with all Newsagency purchases, new owners must complete Golden Casket and Lotto training if not already done so and be accepted by the Newspaper, Book and Magazine suppliers.
The owners are retiring so make no mistake this is a genuine sale and the business will be sold, if you are considering entering the market in this style of business, to look is a must. This business is new to the market and is listed for sale at $250,000 + SAV (Approximately $80,000).