Newsagency in a Fast-Growing Suburb In South West Sydney. Low overheads, Easy to

24 days ago

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Summary

For sale is a well-established newsagency in a rapidly growing Western Sydney suburb. A pillar of the local community, this business was established approximately 40 years ago and the current owners h

About the Business

For sale is a well-established newsagency in a rapidly growing Western Sydney suburb. A pillar of the local community, this business was established approximately 40 years ago and the current owners have had the business for the past 18 years.

This business has served its friendly community-oriented customer base for decades proving to be very stable even through the global financial crisis and COVID, showing great resilience through tough periods where many other businesses failed, this has succeeded, with its secure lotto sales and other sales from their store.

Located in a central spot within a shopping strip, near a major supermarket and various other popular shops (TAB, food takeaway), and conveniently positioned down the road from two schools, there is a constant flow of foot and drive-by traffic.

In addition to the well-positioned location, the suburbs around the newsagency are due for population growth and increasing flow of trade workers, as the surrounding area is being developed for residential housing and major infrastructure projects.

The store has been recently renovated, including a new lotto counter and monitor being installed along with a new paint job, to give the store a fresh look.

This store is easy to run with one full-time person, or two part-time people.

WHY YOU SHOULD BUY THIS BUSINESS:

• Long-established business, with loyal community-oriented customer base
• Easy to run.
• Low overheads.
• Track record of providing resilient earnings stream, over decades.
• Poised for accelerated growth due to population growth and infrastructure developments in surrounding areas
• Large POS area, with opportunity for new owner to drive further growth by expanding range of products sold

For more information, contact George Nicolaides today on 0412 008 909 or fill out our confidentiality agreement directly (thebrokerageconnection.com.au/confidentiality-agreement).

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