Listing status: Inactive
Reason: --
TAREE WEST NEWSAGENCY & LPO - Main Road location - $195,000 + S.A.V.
TAREE WEST NEWSAGENCY & LPO - Main Road location - $195,000 + S.A.V.
Industry :
RetailSub Industry :
Newsagency/TattsAbout the business
The Newsagency with a Licensed Post Office has excellent presentation with further separate space for office, storage, and staff facilities. The store has a variety of stock not seen in every newsagency catering for those locals as well as commuters between the townships of Taree and Wingham. The figures speak for themselves illustrating the type of convenience products offered from over 1,000 newspapers over the counter sales per week thus increasing quick takeaway sales of Confectionery, Drinks, Magazines, and Bread, Cakes, Pies for those on the run. Browsing stock such as Greeting Cards, Gifts, Books and Stationery add to the purpose of local destination purchasing.
Above all is the Lott and its great improvement with the latest fit-out with Nett Commission sales of $2,600 PER WEEK.
This alone pays the Occupancy costs (Rent) as well as almost all staff wages and super. (With H&W working 40hrs each per week).
This makes the LPO a very valued inclusion for the parcel post as well as paying bills and all the other facilities.
Taree offers a great hospital, airport, buses and rail transport as well as all other major, regional, rural city offerings and yet its own community is self sufficient. Can't get better than this!
Features include:
* 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).
Considerations for Purchaser:
* With a partnership of two working 40 hrs a week each they can 'tighten" store operating hours. This option for new owners, depending upon takings for first and last hours Monday to Friday, would create an even better lifestyle than the present one.
* The same owner for just on 20 years has decided it's time to sell this excellent business and retire.
It's a great business for those who want to have something to do with minimum risk or fuss and plenty of daily connection with local people.
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.
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Many BBNA Brokers are specialised in vertical markets, eg Medical, manufacturing, Accommodation, Legal, Hospitality etc. Many have spent years running or managing their own Businesses so have first hand knowledge on what makes businesses successful and unsuccessful.
To talk about a business, you have to understand the business, know where the money is made, understand the processes, sytems and be able to understand the risk factors.
Understanding a business from the Owners point of view and being able to relate information about the business to the Buyer from his point of view, being factual and not embellishing the actual results is what we seek to achieve.
To have Certified Practicing Business Brokers that are also Registered Business Valuers, you have the opportunity to get excellent advice on how to increase the value of your business as a Seller or as a Buyer. This advice is also impatial, we see the mistakes that are made on a regular basis. You are free to use our advice or temper it with advice from your other advisors. Generally our advice is free in general areas or you can engage a Business Broker short term to use us as a sounding board to work with you on more specific requirements.
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.
email : admin@businessbrokersnetwork.com.au or Call 1300 33 18 14
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$195,000
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Buying Advice :
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!
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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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