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Newsagency, Cobram Victoria For Sale

Cobram, Victoria, Australia
Asking Price:
$160,000 (AUD)
Sales Revenue:
$1,145,000 (AUD)
Cash Flow:
$100K - $250K (AUD)

Located in the retail centre of this important Murray Valley Highway town.
This newsagency is the result of combining a successful stationery business with an existing newsagency, so a wide range of stock and good margins, with limited competition are assured. A recent and popular feature is provision of a takeaway coffee service.
Business has high asset values, strong local sub agents and delivery services and includes a delivery vehicle.
Cobram is a major regional centre on the Murray River with 6 caravan parks in the near vicinity, major retirement villages, education services, and national and local retail and rural industry services. It is an important fruit growing and dairy industry area, also servicing the Southern Riverina of NSW.
For Sale: $160,000 + est. stock $140,000
Rental approx. $795 weekly, fixed term lease.
Enquiries: Peter Campbell 0412 694069

Property Information

Real Estate:

Lease

Lease Terms:

Fixed term

Leasehold Rent:

$40,000 (AUD) per annum

Location:

Retail area of Cobram

Premises Details:

Street level 300m2 retail area plus storeroom 60m2

Size in square feet:
300m2

Business Operation

Competition / Market:

Nil

Trading hours:

6.00am – 5.30pm Monday to Friday; 6.30am – 12.30pm Saturday; 6.30am – 11am Sundays

Employees:
Proprietors plus staff
Years established:
1950s

Other Information

Support & training:

Provided

Inventory / Stock value:
$140,000 (AUD)

Contact Information

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