Newsagency ABM ID # 1638

  • Newsagency ABM ID # 1638
Newsagency Busy & long established newsagency that has been operated by the vendors for 20 years. They are looking forward to retiring so have placed this successful business on the market. The business retails an extensive range of products: Intralot products, newspapers, magazines, cards, gifts, wraps & gifts. They also sell a range of delicious Darrell Lea Products and are a dry cleaning agent. The store has 13 sub agents that includes 5 after hours retailers as well as primary, secondary & tertiary schools and aged care facilities. This newsagency also delivers to a wide, zoned distribution area. Current staffing includes the vendors (a husband & wife team) as well as 7 part time adult & junior staff. The business is located in a busy shopping strip, close to popular cafes & bakeries. A new Target complex with multi-storey car park is expected to open in August 2014. The business has a large, loyal customer base. Turnover in excess of $1.2million with solid returns. Vendors have priced the business to meet the current market. 
SELL Price $350,000 plus stock at value. Secure lease in place. Located in a large country town,just over 200km's from Melbourne. The area is showing good growth and offers all necessary services and facilities.

Market Conditions & CompetitionN/A

Financial SummaryN/A

Training & SupportN/A

Reason for SellingN/A

Location State: Victoria Category Newsagency

Weekly Revenue$0 Monthly Revenue$0 Annual RevenueN/A

Contact PersonLeeanne Price$350000 Year EstablishedN/A

Phone07 3106 3811 Cashflow$N/A EmployeesN/A

Need finance? Apply for a business loan today!

Need a Business Loan
Menu