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Property Details

Price $395,000 + Stock
State QLD
Property Type Retail

Newsagency - Gold Coast - ID#71272 - Price just reduced from $450k to Only $395,000 + stock

NEWSAGENCY – Palm Waters – This well presented newsagency with no home delivery is located in a strong Woolworths Centre, comprising 25 speciality stores with 300 car spaces some under cover. It has a well established loyal customer base without close competition. it continues to perform strongly by introduction of new lines and expansion of existing products. The store layout is appealing also incorporating a back office storeroom. The current owners after 10 years want to retire and are keen to pass on their knowledge and experience to the next buyer.

* Turnover Newsagency : $415,863
* Turnover Lotteries & Instants : $2,134,394
* Trading : 6.5 Days
* Staff Wages Ongoing p/a : $38,300
* Delivery Run : No
* Agencies : Golden Casket, Dry Cleaning, Postal Products, Public Fax,
24 Mail Box Rentals (with potential for 28 additional boxes)

* Owners Profit : $189,755
* Stock (est) : $60,000

* Asking Price : $395,000 + stock

Please Contact :-
Graham Randall on 0419 711 153 or graham@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.