Summary
Only $175,000 + Stock. 50+ years as a Newsagency. Main road, Huge shop, Huge expansion oppertunities, Ampol off street parking. Motivated to sell moving overseas for family serious Offers Considered.
Revenue
$1,600,000 pa
Location Details
1406 Anzac Avenue Kallangur
Hours
Mon-Fri 6:00am-5:30pm
Saturday 6:30am-2:00pm
Sunday 7:00am-12:00pm
Lease
Lease ends 11/2025 with a plus 5 year option. You can continue on as we are or re negotiate your options.
Employees
2 Fulltime staff currently running the shop as owners no longer able to operate instore due to family reasons.
Reason for Sale
Family reasons requiring a move interstate.
About the Business
Strong community roots in this popular newsagency. High quality staff currently running the shop. Shop has over 50 years of history in this location. Multiple 1st Div lotto wins.
Well presented shop with a huge footprint of 295sqm giving you numerous new oppertunities to expand. Already has a coffee counter in the business and can be expanded. All this makes the opportunity Very attractive. BE QUICK!
* Turnover Newsagency : $ 500,000
* Turnover Soft Gambling : $ 1,100,000
* Trading : 7 Days
* Staff Wages Supporting Owners : $ 100,000
* Delivery Run : No, just some sub-agents
* Agencies : Golden Casket, Parcels, Blueshyft, Drycleaning, Gifting, Coffee, TCG, Magazines
* Stock (est) : $ 75,000
* Asking Price : $ 175,000 + stock
* Total cost estimate $ 250,000 + rental bond + ~15% budget for contract costs
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