NEWSAGENCY – Brisbane Eastern Bayside ID#3626697 over 4 decades in the community

20 days ago

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Internal Ref: 3626697

Summary

Excellent location and over 4 decades in the community Now Asking ONLY $250,000 + stock, making over 160k profit to 2 working owners with over $24k of staff support

Revenue

$2,286,565 pa

Net Profit

$160,582 pa

About the Business

Enjoying regular trade from the adjacent train station, this is a popular shop with locals and commuters. The lastest Golden Casket Digipos Corporate image is already installed. Off street parking right in front with a good co-tenancy mix. A lot of appeal here.

* Turnover Newsagency : $ 477,734
* Turnover Soft Gambling 2023 : $ 1,710,147
* Turnover Soft Gambling 2024 : $ 1,808.831 !
* Trading : 7 Days
* Staff Wages Supporting Owners : $ 24,224
* Delivery Run : No
* Agencies : Golden Casket, ATM, Ladbrokes, Parcels

* Owners Profit : $ 160,582
* Stock (est) : $ 70,000

* Asking Price : $ 250,000 + stock

* Total cost estimate $ 320,000 + rental bond + ~15% budget for contract costs

Please Contact :-
Chris Green on 0419 473 666 or [email protected]

CONFIDENTIALITY ACKNOWLEDGEMENT AND AGREEMENT
To receive more information on this business please visit www.newsagenciesforsale.com.au and complete a Confidentiality Acknowledgement and Agreement.

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