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Type: FOR SALEProperty Features
Business is available for an extra $95,000 + SAV only!
This is a very unique business. Besides the traditional newsagency operation, they also have the distribution and delivery rights for papers and magazines to adjacent areas. In addition to newsagency income, distribution and delivery rights has income that is paid by News Corporation and Fairfax Group. This weekly payment paid directly into your bank account, currently produces profits in excess of $100,000 annually. You will make over $100,000 before you even open the doors!
The shop has constant client traffic throughout the day from locals residing in family homes and Retirement Villages nearby. The area is near Gosford Private Hospital and only 5 minutes to Wyoming Coles convenience shopping complex and Gosford’s Imperial Shopping Centre. Gosford Railway Station is only 5 minutes away by motor transport.
This is a huge growth area with younger families. The newsagency is located in a small strip shopping area with a pharmacy and fast-food business attracting plenty of clients daily. We cater for what people want in the everyday category of Magazines, Newspapers, Stationery plus the Lott from Lotteries.
The owner has taken advantage of News Corps' plans for territory amalgamation to become (with their approval) very much a part of it. Already, by servicing new territories the retail offer has increased with Wyoming Newsagency and Coles selling newspapers every day supplied by us. This represents a great new beginning of retail presence from a Distributor -Based operation whilst enjoying the store trade as well.
The store is very capable of increasing sales especially if a new owner was to explore the benefits of a website presence for Stationery and Home Office with a Back-to-School focus. It would make a great "click, pick, pay and pick-up" facility.
• HUGE potential Income from Distribution for years to come.
• Current earnings of $150,000 do not include the retail sales of Coles and the Newsagency within the newly acquired area of Wyoming Shopping Centre. Even more profit!
• Captive and steady daily customers with 5 and two half days trading per week.
• This area has a solid community base of retirees being replenished with new, younger, enthusiastic families building a community lifestyle for future years.
• Business is available for only $95,000 + SAV extra
The current owners' family is a "mature one", so the owners are ready to move on, travel and retire. They have put together a great package of bottom line profit for a new person/s to take over without charging a premium for this great bonus income. There is also a massive price reduction with this opportunity to make even more money. Ask us how. Please call us today as a Full Business Profile with financial details IS AVAILABLE NOW!
Name: Graeme Day
Phone: 040720 ****