Thriving Newsagency & Tatts in Prime Bayside Mall - ModernFit-Out, Low Over

8 days ago

Send an enquiry

By clicking on Send you agree to accept the SEEK Business Privacy Policy and Terms & Conditions.
 

Summary

An exceptional opportunity to own a thriving Newsagency and Tatts business in a high-traffic Bayside shopping mall. Generating $1.66M in sales (FYE 2024), this well-established business features low s

About the Business

This is an exceptional opportunity to own a highly profitable newsagency and Tatts business in one of Bayside's most sought-after suburbs, located within a busy, high-traffic shopping mall. Perfect for experienced operators or first-time buyers seeking a stable, proven business with solid returns and room for growth.

Financial Overview

Total Sales: $1,661,054 (FYE 2024)
Tatts Commission: $224,357 (FYE 2024)
Monthly Rent: $16,472.49 (incl. GST & outgoings)

Key Highlights

Prime Mall Location - Situated in a thriving shopping centre alongside major retailers, supermarkets and cafes - ensuring constant foot traffic and excellent exposure.
Low Staffing Requirements - Currently operated with just 1.5 staff, making it ideal for an owner-operator to maximise profits and keep overheads low.
Established Reputation & Loyal Client Base - A trusted, long-standing business with strong community ties and a steady stream of repeat customers.
Multiple Income Streams - Robust earnings from Tatts commissions, retail sales, tobacco, and other services - providing stability and diversification.
Streamlined, Easy-to-Run Operations - Well-established systems and processes allow for smooth day-to-day management and further efficiency improvements.
Modern, Recently Renovated Fit-Out - Attractive, fresh premises designed to create a welcoming customer experience and stand out from the competition.
Secure Long-Term Lease - Recently renewed lease with favourable terms ensures future stability and peace of mind.

A Rare Opportunity
Combining a premium location, strong profits, and minimal staffing requirements, this business is perfectly positioned for continued success.

Serious Buyers Only: To learn more or arrange an inspection, contact Shweta Sharma, Business Sales Specialist, on 0432 591 529 or email [email protected].

Share this business

More by this Advertiser
It looks like you’re quite fond of this business. Why not save it so you don’t lose it?
Do not ask again

Share this Ad


Cancel

Report this Ad


Cancel

Get email recommendation

Sign up and we'll send business opportunities straight to your inbox.

Please enter a valid email
By clicking on Submit you agree to accept the SEEK Business Privacy Policy and Terms & Conditions.

We have sent an email to .
Click the link in the email to confirm your email and set your preferences.