Top Ranking Newsagency in Seaside Suburb - Central Coast, NSW
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About this business
In the broker's words
Full description, as written by the brokerTURNOVER $2M+ - MAIN STREET LOCATION WITH NO COMPETITION
Step straight into this thriving Newsagency business and enjoy a prosperous future in one of Australia’s favourite coastal suburbs.
Ranked in the Top 15% of NSW Lotto Sales, the business boasts a $2M+ turnover with multiple income streams and no competition.
Just a 1.5-hour drive from Sydney, this is the profitable sea-change you’ve been seeking - with plenty of opportunities for further growth.
BUSINESS HIGHLIGHTS
- Turnover $2M+ with multiple income streams from Lotto sales, newspapers, magazines, stationary, gifts, cards, and more
- Potential for further growth - particularly in gifts and auxiliary services, such as parcel collection / drop-off
- Prominent Main Street location with no competition
- Loyal local customer base - Plenty of passing traffic
- Population triples during December and January due to the influx of peak season visitors
- Local demographic is changing and increasing with many new multi resident dwellings being constructed
- Currently owner-operated with 4 casual staff
- 2 weeks’ training included - Owner retiring
This is an unmissable lifestyle opportunity - perfect for a couple or partnership who could share the hours and reduce staffing costs.
Introducing additional value-added commercial, digital, and community services would boost both revenue and foot traffic.
The calm coastal suburb of the Central Coast offers a fantastic family lifestyle with easy access to pristine local beaches - including a short ferry ride to Palm Beach, the fictional ‘Summer Bay’ in Home and Away.
Price: $365,000 + SAV
Key facts
Details are as stated by the broker.
- Business type
- Newsagency
- Reason for sale
- Retiring (from the broker's description)
Details are as stated by the broker in the description and have not been checked by Business For Sale.
Location
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