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Listing Id: 34136 Last Refreshed: 07/11/2024 Total Views: 12 Broker Ref: 22970

Thurgoona Plaza News & Lotto opportunity to develop more - $250K+ S.A.V.

Albury - Wodonga, New South WalesNewsagents
Asking Price: $250,000
Business For Takeover
Look For Investor
Look For Partner

Overview

  • Premise Type N/A
  • Premise Size N/A
  • Monthly Rental N/A
  • Rental Desposit N/A
  • Revenue N/A
  • Liability N/A
  • Gross Profit N/A
  • Net Profit N/A
  • Stock N/A
  • FFE N/A
  • Payable N/A
  • Receivable N/A
  • Owner Role N/A
  • Staff N/A
  • Established N/A
  • Source Broker

Reason For Sale

NA

Description

This business at its best, with excellent the Lott commissions in a very busy shopping complex. It has excellent sales with the staple newsagency lines all commanding great foot traffic flow on a daily basis. The sales indicate the variety of customers by their choices.
Greeting Cards:
A great range for all occasions from congratulations from pregnancy, birthdays, exam achievements, marriage anything else you may think of.
Stationery:
Stationery for Office and Home along with School needs. No need to buy on- line a full range here.
Magazines and Newspapers:
A range big enough to be profitable
Community Postal Agency:
Designated agency to service the area with a lot of the Australia Post services and products.
The Lott:
The newsagency has excellent nett commissions of the Lott of $163k p.a. which converts to $3,135 per week and with the latest occupancy costs (gross rent) of $1,800 leaves plenty of room to pay some wages or to add to the bottom line for new owners.
The latest industry fit out ensures the new owner has nothing to spend with sales going up and ensuring great consumer contact.
With a very solid shopper-based clientele from the greater base of Albury, it has good facilities with a strong local population of 11,028. (2021 Census) and growing.
Features include:
* Lotto commissions of approx. $163k p.a. pays the proposed rent plus more
* The 160 sq metres is more than ample to rearrange and place complementary stock to support the much-demanded Social Expression want of the modern everyday newsagent consumer.
* You can be a part of the local Thurgoona shopping community by catering for their complete needs in such a great environment.

Please fill out the Confidentiality Agreement for full details and a Business Profile with current financials will be forwarded by email to you.
Business Performance Brokers Graeme Day 0407 206 016 and Jacqueline 0421 890 777.
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