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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).
Price Suffix abbreviations
Negotiable - Price can be negotiated
W.I.W.O - Walk in Walk Out(Buyer walks in, Vendor walks out)
O.N.O. - Or Near Offer
E.O.I. - Expressions of Interest
Freehold - The property in which the business is situated is owned outright. No rental.
Leasehold - The property is occupied on a rental basis, under a lease. Terms of the lease vary, commonly "3x3"(3 years with a 3 year option), "5x5x5",etc.Note:Rent $...PCM = Per Calendar Month
+ S.A.V. - Stock At Value
+ G.S.T. - G.S.T. is to be paid by buyer
+ Equipment - Equipment to be included in final price
+ Fixtures & Fittings - Items like security systems, lighting, signage,menu boards,etc. are not included in the sale price.
+ Plant - Plant not included in the sale price.
+ Vehicle - Vehicle price to be added to final price
All Inclusive - Everything associated with business included
Stock Included - Stock business holds included in final price
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