Listing status: Inactive
Reason: --
Newspower Newsagency – Main St Bairnsdale
Newspower Newsagency – Main St Bairnsdale
Industry :
RetailSub Industry :
Newsagency/TattsAbout the business
A successful newsagency returning solid six-figures, working 4 hours per day in the picturesque East Gippsland region.
The key features of the business are:
• Benefits from the buying power of being part of the Newspower family - Australia’s premier retail marketing group
• Located on Main Street, the Agency benefits from a strong, loyal local customer base and many travelling tourists.
• Perfect for a husband-and-wife team
• Owners only work part-time in the business
• Very highly rated by customers and significant repeat business.
• Long lease security
• Supportive of Australian made and owned products
• This is an excellent opportunity to make money in a lavish lifestyle location
Newspower Go Main Street offers stationary, an extensive card range, toys, giftware, Ladbroke betting, Cryptocurrencies revenue streams through blueshift, along with selling papers and magazines. They are also the agents for Games Workshop and Toll and TNT pick and drop off.
About Bairnsdale:
Bairnsdale is a commercial hub, providing many services to the Gippsland region. The city is a major regional centre of eastern Victoria and Traralgon and Sale and the commercial centre for the East Gippsland region.
The town’s rich heritage can be found throughout the town, including the rotunda in the centre of town, the spectacular murals and architecture of St Mary’s Church and Bairnsdale Court House, which are noted for their 19th-century architecture.
Close to lakes, rivers, mountains and forests, Bairnsdale is a destination for year-round enjoyment. Base yourself here to enjoy an excellent lifestyle and provide service to the locals and a range of visitors seeking accommodation, dining, day-trip tours, and more extended stays.
Complete your online enquiry for a confidential discussion with the lead broker and receive a comprehensive Business Profile and Market Review.
Price $99,000 + SAV
Finn Business Sales
thefinngroup.com.au
1300 535 932
Broker: Damian Hutchins
0490 830 863
damien.hutchins@finnbusinesssales.com.au
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$99,000
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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:
Ensure the seller is 100% verified by us!- Can you afford the business? Do you need financing to assist with the purchase?
- 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!
- Make sure it’s the right business for you!
From there, you can make an informed choice - and if you do need some assistance, the Eden Ecosystem is here to help.
The Eden Ecosystem has been cultivated by us using our expertise as digital deal makers, and is designed to help buyers and sellers successfully complete business transactions. The ecosystem features franchising and private sale experts, lawyers, mergers & acquisitions experts, accountants, dedicated account managers, brokers, and network managers, who are all available to help you successfully buy your dream business. Looking for some extra assistance? Get in touch and we can help connect you with the right people!
Once you have submitted an enquiry to the seller, the seller can invite you to view confidential information about the listing after signing an NDA in order to conduct your due diligence. A business owner will ask you to sign an NDA before a deal can commence. This allows the business owner to keep certain information confidential, including client lists, employee information, intellectual property, trade secrets, pricing structures and so on, in case a deal cannot be met.
Typically, NDAs are often mutual - meaning, just as you're agreeing to keeping the seller's business information confidential, the seller must also offer that same level of confidentiality to keep your information private. Another thing to look out for is non-solicit provisions. If a seller has this clause in their NDA, you are prohibited from soliciting any of their clients or employees for yourself or your company for around 1-2 years.
Once you’ve done your due diligence and you’re satisfied, you can make an offer directly to the seller in the Deal Room where a transaction can be done. From start to finish, the entire business transaction can be done through the Eden Exchange platform.
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