Ad ID: 119398
Newsagency Business for Sale Eden NSW
EDEN NEWSAGENCY- Far South Coast - $299,000 + S.A.V
Why buy this Newsagency Business
Newsagency Business for Sale Eden NSW Asking: $299,000 + SAVThe Newsagency has excellent position and presentation within the township of Eden. Eden is on the far South Coast of NSW. The Town boasts a seaport as well as an inland waterway. The very popular stop for Cruise ships has returned after a considerable lay-off due to the pandemic. This extra customer spending is a boom for the town's already steady income.
The figures speak for themselves illustrating the type of convenience products offered from over $205k p.a. of combined newspaper and magazine counter sales.
Stationery Sales are excellent at $94k p.a. Browsing stock such as Greeting Cards, Gifts, Books with the return of the Cruise Ship tourist visitors promises increases in each department especially Souvenirs which already command approx. $25k p.a. as a very solid base to work from.
Above all is the Lott and its great improvement with the latest fit-out with Nett Commission sales of more than double of the Rent (Occupancy) as well as the staff wages and super of $22k p.a. (With H&W working 40hrs each per week).
This makes the only newsagency in town a very valued business with increases very likely to be much greater especially within the Social Expression areas.
* Excellent stock, departmentalised for easy browsing.
* Lotto with latest upgraded fit-out ensuring nothing to spend.
* Lotto and services pay the rent plus wages (with 2 owners working).
* Opens 5 and two half days per week. (Saturday and Sunday).
* H&W working 40hrs p.w. each can easily earn $123k p.a.
Considerations for Purchaser:
NEWSAGENCY OPENING HOURS:
Monday to Friday 8 a.m. until 5 p.m.
Saturday and Sunday 8.am. until Noon.
* With a partnership of two working 40 hrs a week each with casual labour of approx. $22k p.a. the store with these excellent opening / closing hours would have a full hands-on retail business making the maximum available by targeting the extra clientele from the shipping cruising industry stop - overs as an additional bonus to this already healthy business.
* The same owners for just on 15 years have decided it's time to sell this excellent business and retire.
The perfect business for those who want the purpose of something to do with minimum risk or fuss and plenty of daily connection with local and tourist people alike.
For full details please fill out the Confidentiality Agreement and a Business Profile with financials will be emailed or mailed to you OR phone Graeme Day 0407 206 016.