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Property Details

Price SOLD
State QLD
Property Type Retail

Newsagency - Townsville Region - Motivated owner - ID# 64808

Under conditional contract.

Was $149k, NOW ONLY $30,000 + stock making over $138,000 to 2 working owners !

Shopping centre newsagency with no home delivery. New centre owners already started improvements and are focused on leasing some vacant shops. A new fruit & vege barn already on board.

Think about it, for only $30,000 + stock, you get :-
* Existing well experienced staff
* Training and procedures
* and of course, an existing Lottery Licence

A new Lottery Licence is $25,000 alone, not to forget a new licence would cost 2 further years of the 1% operating fee, which in this case could be as much as another $30-33,000.

* Turnover Newsagency : $475,421
* Turnover Soft Gambling 2011 : $ 1,267,572
* Turnover Soft Gambling 2012 : $ 1,346,803
* Turnover Soft Gambling 2013 : $ 1,388,170
* Turnover Soft Gambling 2014 : $ 1,445,328
* Turnover Soft Gambling 2015 : $ 1,611,476 !
* Trading : 7 days
* Delivery run : NO
* Staff support to 2 working owners : $ 56,895 p/a
* Agencies : Golden Casket & ATM

* Owners profit : $ 138,607
* Stock : $ 45,000

* Asking price : ONLY $ 30,000 + Stock

Please Contact :-
Chris Green on 0419 473 666 or
Graham Randall on 0419 711 153 or
email info@newsagenciesforsale.com.au

CONFIDENTIALITY ACKNOWLEDGEMENT AND AGREEMENT
To receive more information on this business please visit www.newsagenciesforsale.com.au and complete a Confidentiality Acknowledgement and Agreement.