Profitable Newsagency

12 days ago

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Summary

The business has strong 7 figure sales, which translates to great returns. The business has been operating under the current owners successfully for the last 10 years and is well known in the communit

About the Opportunity

This busy newsagency sells Lottery products including Golden Casket, Powerball and Instant tickets, Transport cards and top ups, newspapers, magazines, greeting cards and wrap, stationery including ink cartridges, giftware, toys, games, and extra lines of merchandise that are appealing to customers.

The business has a strong 7 figure sales volume which translates to great returns for an owner operator. The business has been operating under the current owners successfully for the last 10 years and is well known in the community of Mareeba and surrounds.

Business Highlights:

- Strong relationships with local schools to supply stationery needs of students

- Renewed lease in place with favourable terms, with option to renew for a further period

- Great association with major newsagency brand which assist with supplier relationships, preferred pricing, merchandising and general business advice for newsagencies

- Proven brand with over 300 stores nationwide

- High profile location in the heart of Mareeba’s main street

- Recent significant investment in upgrading store fixtures and fittings

Please contact our office on 07 5372 8468 for more information.

Price: $749,000 + SAV

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