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Property Details

Price Only $365,000 + stock, seeking ALL genuine offers
State QLD
Property Type Retail

NEWSAGENCY - BRISBANE Southern Bayside - ID# 1114895

UNDER CONDITIONAL CONTRACT

Latest Golden Casket Digipos image installed. Solid high level lottery sales underpins this quality newsagency in the heart of a popular bayside shopping area. Certainly an enviable area to live.

Excellent lease with over 10 yrs left and a recent rent reduction will make your bank happy. Customers can drive up to the front doors for convenient access.

* Turnover Newsagency : $ 786,315
* Turnover Lotteries : $ 1,984,049
* Trading : 7 Days
* Staff Wages Ongoing p/a : $ 197,938
* Delivery Run : Yes until July 2021, net profit ~$11k
* Agencies : Golden Casket, Go Card Recharge, Postpoint

* Owners Profit : $ 227,309
* Stock (est) : $ 100,000

* Asking Price : Only $ 365,000 + stock

The delivery run will be ceasing ~July 2021. A buyer can continue it till then, or hand back the run before contract settlement and only take over the retail. Approximate impact noted above.

Please Contact :-
Chris Green on 0419 473 666 or chris@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.