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Newsagency business for sale in Moonee Ponds

  • Newsagency
  • Moonee Ponds VIC 3039
  • $950,000 (GST na)

Tatts Agency And Associated Lines

Premier Business Consultants Pty Ltd is proud to have the opportunity to offer this beautifully presented and highly profitable business for sale for the first time in 11 years.

The Vendors decided to evolve the business into what it is presented as today.

With the introduction of exclusive Agencies for beautiful giftware, people travel to come to this business to shop from all areas of Melbourne.

The Tatts sector of the business has been integral having a proportional effect on the growth of non-Tatts products also. Since the Tatts Agency was introduced to this business and a new Corporate Image Tatts shop-fit was installed at the entrance to the business premises, a new customer flow was established and the Tatts sales and commissions have shown strong growth since opening around 2 years ago .

This business has become well known for an extensive range of magazines, Sub-news and other associated services for customer convenience.

Whilst the store continues to evolve, so too does the Moonee Ponds landscape.

This shopping precinct has many new major retailers that do not compete, but all add to drawing very high foot traffic to this very popular shopping strip.

Additionally there is also many new developments occurring in the immediate area which will place new customers on the doorstep.

A long lease is in place for security of tenancy.

Adjusted Net Income for the current Vendors is in excess of $280K per annum and the staff are well trained and provide excellent service.

Price Asked: $950K plus SAV

Bank finance to approved Purchasers

Call Jocelyn Wilson 0408 604 0 70

Business Highlights

Business ID2015233063
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Category
Last updated  3 May 2019
Map for Moonee Ponds VIC 3039
Premier Business Consultants
39 Station Street Malvern VIC 3144

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