This newsagents has come through the years in leaps and bounds, showing profits on average of $300,000 for the past number of years. Yes, the turnover has dropped but with smart business sense, the owners have seen their business stay ahead of the pack and are selling now as one partner who has not worked the business wants to focus on his corporate position. The business has a strong lease with great landlords and there is plenty of security in its tenure - you will be happy with this!
Having a full complement of staff, two working owners can only manage this better and enhance the profit of the business, adjust some marketing and promote new items or services. This is still an industry where money can be made and with the current list price you would have the business paid off in no time.
Where else will you find this return at this ask price?