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General Store And Newsagency In Gladstone For Sale

Gladstone, New South Wales, Australia
Asking Price:
$450,000 (AUD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$1,114,556 (AUD)
Cash Flow:
Available on request

The business resides in a spacious premises with a pleasant outdoor café arrangement. Gladstone General Store & Newsagency carries a good range of everyday grocery items, NSW Lotteries products, cigarettes, ice, newspapers, a large variety of magazines, stationery, toys, giftware, jewellery, DVD hire, hardware, fishing tackle and bait.

The business also sells a good range of non-deep fried takeaway food items can be enjoyed in the outdoor dining area.

The business resides in a spacious premises with a pleasant outdoor café arrangement. Located on the corner of Ashton Street and the busy Barnard St in Gladstone. There is plenty of off-street parking available for customer’s convenience.

Currently operated by 2 owners and 1 casual staff.
Trades 7 days per week.
Turnover $1,114,556 incl lotto sales & commission
Lease 5 x 5 x 5

Included in the sale is a 3 bedroom attached residence with a further 2 bedroom and living area in a separate building at the rear.

Property Information

Real Estate:

Lease

Lease Terms:

5 x 5 x 5

Living Accommodation:

Included in the sale is a 3 bedroom attached residence with a further 2 bedroom and living area in a separate building at the rear.

Business Operation

Reasons for selling:

Retirement

Trading hours:

Monday to Saturday 0630 - 1830
Sunday - 0630 - 1700

Employees:
Owners x 2 plus 1 casual
Years established:
60 years

Other Information

Furniture / Fixtures value:
$100,000 (AUD) - included in the asking price
Inventory / Stock value:
$75,000 (AUD) - included in the asking price

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