About the Business

An established newsagency and Tatts business has been offered for sale. Current owner is ready to retire and hand over the business to a motivated entrepreneur. Business needs fresh ideas and energy.
Located in a busy precinct of Newstead, in a high-income demographic area.

Some salient features are:

Multiple income streams- newsagent, Lotto, Tobacconist and Cafe.
Turnover>$15,000 per week.
Working owner and trained staff.
Fully refurbished- new paint and carpet in 2021.
Modern Cafe serves approx 10 kilos of coffee every week.
Established suppliers.
No paper deliveries.
Extensive list of chattels included in the sale.
Three point-of-sale systems.
Secured premises.
Long lease until Dec 2032 current rent of approx. $6,668+gst per month.

It is an ideal husband and wife team opportunity or anyone for that matter who is looking to buy a low ingoing business and establish themselves.
There are plenty of upsides for new owners.

Don't Miss Your Chance: This business is ready for a passionate entrepreneur to take the reins. Please contact Paul Scott on 0477 771 098 or Praveen Pant on 0432 256 682 email: pauls@businessbrokersnetwork.com.au INTENDING PURCHASERS TO MAKE THEIR OWN INVESTIGATIONS AND ENQUIRIES IN RELATION TO THE BUSINESS AND NOT TO RELY UPON WARRANTY OR STATEMENT MADE BY THE VENDOR OR BY ANYONE ON HIS/HER BEHALF.
NOTE: All figures are approximate.