A great business that - as far as the locals are concerned - has been there forever. A thriving established newsagency that services a significant country town.
The current owners have operated the business since 2000, dealing in the sales of magazines, books, stationery. lottery sales, cards gifts etc.
Located in a residential area 25km out of Woollongong this business has a loyal customer base and is strategically located between two other high traffic retail businesses. The newsagency is run by the current owner, a full time delivery driver, 1 senior casual, 2 juniors and a trainee. During 8am and 5.30pm at least two staff are in attendance. It is possible to run the store with person for a short
term if required.
The service area is predominantly residential with the region consisting of large residential blocks, along with a lot of townhouse developments springing up at the moment due to recent growth.
Main marketing initiatives are regularly run promotions through membership to an industry buying group
which keeps the marketing on track and servicing the region.
Key Features of the Business
• Loyal customer base
• Located 25km from major regional city.
• Strategically located in high traffic, strip shoping area
• Plenty of parking in front and nearby
• Profitble delivery run
• Affordable rent.
Price: $ 590,000.00
Stock Value: $ 100,000.00
Net Profit: Upon application
Turnover: $ 2,500,000.00
Plant Value: $ 35,000.00