Listing status: Inactive
Reason: --
Long-Standing Newsagency - Absolute Water Front, Coastal Paradise
Industry :
ProfessionalSub Industry :
BrokeragePrice $129,000 + SAV
Revenue $469,000 +
Revenue Per Week $9,000 +
Adjusted Annual Profits $77,000 +
Weekly Profits $1,450 +
Monthly Rent $8,800
Dreaming of Ocean Views While you Work?
Situated at beautiful Terrigal, only a stone's throw from the ocean is a rare opportunity to own your very own Newsagency, which has been servicing the local community for over 50 years. The business is ideally positioned in the heart of the main shopping strip of Terrigal - along the popular and famous Terrigal Esplanade, and offers undeniably breathtaking ocean views right from the shop-counter.
The Newsagency trades 7-days a week and has ZERO competitors in the area, making the business the one-stop-shop for news and office supplies for locals and tourists. Pedestrian and vehicle traffic are both in abundance, seeing thousands daily. This Newsagency sells 'Terrigal' Souvenirs and are the only business in the area to do so.
The business comes with well trained staff that are capable of running the store in the owner's absence, as well as a long-term and loyal customer base, whilst providing an idyllic coastal lifestyle that most can only dream of.
This Newsagency is part of Newspower, which is Australia's Largest Newsagency Marketing Group, and their stores are independently owned and operated. Newspower offer discounted office supplies and gifts from preferred suppliers, support and much more.
The business currently offers the local community the following:
o Newspapers and Magazines,
o Greeting Cards,
o Gifts,
o School and Office Stationery,
o Printer Ink Cartridges and Toners,
o Souvenirs,
o Ladbrokes Cash-In,
o News @ Terrigal is also the local NSW Lotteries agent for all lotto tickets in the area.
Accompanying the business are the following:
* 3 x Casual staff members - working approximately 28 hours per week in total (more during holiday periods),
* Security system,
* Eftpos facilities,
* Lotto terminal,
* 3 x Computers,
* Photocopier (lease/hire), and much more.
The owners are ready to retire after the business has provided them the financial stability to do so.
Please contact Dani Rifai for more information on 0411 870 977, or email dani@bagents.com.au, or click on the link provided (Licence Number 10064471).
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If you are a Buyer and are looking for a specific business and you have not found it on our website or others, we may be able to find the business that best suits you. Often we know of business that are not on the market, but we know that the Owner would sell if there is a qualified Buyer looking.
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$129,000
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Buying a business is a big deal! It can open up a new chapter in your life, expand your growing business base or fulfill that dream you’ve always had. Before you make that offer, there are a few things you should consider to determine whether this business is right for you or not.
These include:
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Have you done enough research? Complete some industry analysis, research competitors, verify revenue figures and so on!
Ask the seller some questions - why are they selling, will they be providing customer/supplier databases, what assets other than the physical business will be including (marketing materials etc), are their tax records and financial statements up to date and verified - this is your chance to pick the seller’s brain!
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