Newsagency
Located in very busy Westfield Shopping Centre anchored by Kmart, Coles & Woolworths and has over 70 retails outlets as well as a number of banks and beauty services. This is the only main shopping centre in this growing area just under an hour south of Sydney.
Long established newsagency that retails the full range of Lotto products and a comprehensive range of retail products that includes: newspapers, magazines, stationery, gifts, cards & wraps, office & art supplies, phone cards & recharges. They also sell a range of Darrell Lea products, confectionery & cold drinks.
The business operates under the Nextra banner. Nextra aims to be Australia's first choice retail franchise operating in the newsagency environment. There are more then 295 outlets Australia wide. The store has recently undergone a makeover so a new owner would have no more to spend
This store has a number of sub agents that includes petrol stations, schools, convenience stores, hospitals & the local nursing home. They have in excess of 300 accounts for home delivery.
Current staff includes the vendors (as husband & wife team), five casual staff and two delivery drivers.
This would be an ideal family business where family could reduce the current staffing to increase the bottom line.
Secure lease in place
Turnover in excess of $3.8million (includes retail sales & lotto) with a solid net return
SELL $900,000 plus stock at value
ABM ID: 1955
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