Reference No: 795

Newsagency and Post Office
Gold Coast QLD
Price: $450,000 + S.A.V. question mark popup button

Long Established News Agent Everyone Knows For Sale

This long established news agent, founded more than 30 years ago, is located within a shopping centre on the Gold Coast, and enjoys a constant high customer traffic flow everyday.

Beautifully displayed shop offers customers wide range of products including magazines, newspapers, greeting cards, stationery, gift lines, business stationery, book, confectionary, drinks, Instant Scratch-its, mobile phone top up, international phone cards, Go Card, ink & cartridges, and many more. And, of course, Lotto tickets.

The owner imports some gift items from abroad as well.
Business is run by well trained and professional causal staff with a member of the owner's supervision.

No newspaper delivery.

Key points:
• Lease: Business premises moved to a smaller spot, and a new lease started on 1 November 2020.
• Term is up to 31 October 2027 with 1 x 5 years option
• Annual rent: $38,000 + outgoings + promotion + GST
• Latest annual sales: around $2,500,000
• Latest owner's earnings: around $260,000

Price: $450,000 + SAV ($50,000- estimate)

For further information about this business, please complete Purchaser Registration and Confidentiality Agreement by clicking Forms/Business on www.fo... (click to show) or
Please call Jennifer on 0401 847... (click to show) or Sunny on 0433 690... (click to show).

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Price: $450,000 + S.A.V.
ForceOne Realty/Business Brokers
Address:
Level 1, 33 Queen Street
Brisbane, QLD, 4000

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Contact: Jennifer Yan
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