Newsagency ABM ID #1656

  • Newsagency ABM ID #1656
The business is the only newsagency in town with the closest being over 50 kms away.
This is a freehold sale that includes a huge shop that measures 477.75 sq metres as well as the large property at the rear which has secure shedding. There is also a work & storage area at the back of the shop that includes a kitchen and toilets. The rear shed could be leased or used for a second business. This would produce a second income stream.
The store currently stocks an extensive range of normal newsagency products: cards, magazine, papers, cards & stationery and is also a sales agent for Jaycar & Leading Edge Electronics. This enables the business to sell electronic components, computer software, cabling & solar panels, inverters & batteries.
The current owners have diversified the business to keep up with the current markets. They have quadruple the business takings since they purchased the business nearly 20 years ago. Only one of the current owners works in store so if a hard working couple purchased the business they could increase.
Leasehold Sale Price $655,000+SAV
ABM ID #1656

Market Conditions & CompetitionN/A

Financial SummaryN/A

Training & SupportN/A

Reason for SellingN/A

Location State: South Australia Category Newsagency
Retail Store
Service Business

Weekly RevenueN/A Monthly RevenueN/A Annual RevenueN/A

Contact PersonSimon Johnson Price$655,000+SAV Year EstablishedN/A

Phone07 3106 3811 Cashflow$N/A EmployeesN/A

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