Newsagency, Post Office, TAB And General Store

This business was first established in the 1950’s as a post office & general store. New premises were built in the 1980’s and it has been extended and renovated a number of times since then. The newsagency is now comprised of the post office, general store, newsagent & TAB. It is a one-stop shop that sells an extensive range of products from newspapers, lotto & magazines, stamps and postage items to grocery items and takeaway food. There is also a TAB. This is freehold sale which includes an upstairs 3 bedroom residence that has water views to Lake Tuggerah. It also includes a popular hairdressing salon as a tenant. This would be the perfect family run business, it currently employs 7 staff, including 2 working minimal hours. The business runs on a day to day basis with 2-3 staff and 1 delivery driver. The current turnover is in excess of $900,000 and it is showing a healthy nett return. The area is rapidly growing and there are a number of new housing estates in the delivery area. Many of the local schools and clubs purchase from the business and there is also a very loyal, repeat customer base.

Market Conditions & CompetitionN/A

Financial SummaryN/A

Training & SupportN/A

Reason for SellingN/A

Location City: NSWState: New South Wales Category Newsagency

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

Contact PersonLeeanne Price$1,100,000 Year Established1980's

Phone07 3106 3811 Cashflow$N/A EmployeesN/A

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