This is a great opportunity to purchase a stable Newsagency in the western suburbs of Sydney. Successfully run as a family business. Reluctant sale due to current owner of 15 years, requiring major surgery.

The agency is located in a busy shopping centre where the main tenant is the largest SUPA IGA in NSW. There are some 22,000 to 24,000 customers shopping in the centre each week. Other tenants are BWS Liquor, Chemist, Hairdresser and Takeaway. The SUPA IGA Store is one of 3 sub-agents for both magazines and papers. Two Shell Service Stations are also located within the area serviced by the Agent. There is a small delivery run which takes approx 1.5hrs to complete. Current staff is the owner, 2 casuals and 2 delivery drivers but would be ideally run by a husband and wife team and one casual. Business will continue to succeed in this growing suburb with around 800 new homes being built adjacent to the shopping centre.

The business is being offered for a quick sale and the goodwill is based on the NSW Lotteries commission. The current years Lotto commission, 2012/2013 is $64,000 and last year ending June 2012 $96,500. The NSW Lotteries ranking is 325 out of over 1,300 agents statewide, with room to improve. In the magazine area, for ACP magazines, the agent is ranked highly for sales being 481 of 1560 Nationally and growing. All figures and tax returns are available to interested persons.

The owner is asking goodwill: $200,000, F&F $15,000 and SAV $40,000 approx. There is some room for negotiation, but any offer to buy should be backed by finances readily available.

Price: $255,000