PRICE
$125,000 plus SAV

OPPORTUNITY
The sale of the business represents an opportunity for a motivated buyer to acquire, for a very competitive price, an established fully managed newsagency business with a need for more involvement from the new owner to reach its true potential. Located in a southern suburb of Brisbane, the business is well positioned to take advantage of its diverse population and the growth recently experienced in the area. Ideal for an existing newsagency operator seeking to maintain a hands on approach to drive the business to new heights and reap the reward.
Get your hands dirty NOW!

OPERATIONAL
The business offers a wide range of goods and services including newspapers, Golden Casket, Gold Lotto, Instant Scratchits, etc.
The business currently operates 7 days per week and is fully managed (the owner does not work in the business). It has 1 junior employee, 2 senior employees and two delivery contractors. The business has an extensive paper run in the region.

BUSINESS ASSETS
The available business assets include the stock, shop-fit out, the point of sale system, office furniture and equipment. A full list of items included will be provided to interested parties.

FINANCIAL DETAILS

Sales Revenue (approx)
$1,100,000 per annum

Stock at value (approx)
$25,000

The business is profitable and fully managed.

GENERAL DETAILS

Trading hours
7:30am – 6:00pm Mon to Sat
7:30am – 12:00pm Sunday

Employees (excluding the owner)
1 junior employee: 25h/w on average
1 senior employee: 22-25h/w on average
1 senior employee: 38h/w on average
2 delivery contractors

Premises
105 sqm retail plus a dedicated wrapping room under the shopping centre

Lease
Term: 10 years (currently 3 years in)
Rent: approx $5,000 pcm

For any further information please contact Laurent Corgnet via email at lcorgnet@ljhc.com.au