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Newsagency, Post Office & General Store | Id: 1084 For Sale

New South Wales, Australia
Asking Price:
$395,000 (AUD)
Sales Revenue:
Available on request
Cash Flow:
Available on request

Hawks Nest Newsagency & Post Office was established in 1973 and has grown tremendously under the current owners’ direction since taking over in 2003. They have developed it into a one-stop shopping location, where just about everything customers need, is available under the one roof.

In addition to being a full-service Newsagency and Post Office, and having the only 24/7 ATM in Hawks Nest, customers can even get their art supplies, toys, printer cartridges, NSW Lotteries, Mobile phones/Pre-Paid Credit/Calling Cards, maps, and even Ice, Firewood, Darrell Lea products and Hunter Valley Olive Oils. The business also functions as a Convenience store and offers customers an extensive grocery range of most essentials.

Going fishing, they have Licences and stock the popular baits and a wide range of popular fishing gear brands. This is also the only store where they can get a 4WD Beach driving permit and National Park day permit.

The business recently underwent an upgrade of their counters and floor and used the opportunity to install the latest NSW Lotteries DigiPos retail image design.

In February 2018 the vendors acquired the paper and magazine distribution from Myall Quays (Tea Gardens) and now control the entire Myall Coast distribution.

Customers from Tea Gardens now purchase their magazines, pay their home delivery accounts, undertake transactions for Australia Post, stationery, NSW lotteries and more.

The vendors are of the opinion that the business may suit an owner/operator who has an interest in the industry as well as retail experience. The business could easily be run under management with very little increase in hours.

The area’s future is extremely bright with the commencement of a massive housing development called Parry’s Cove. This 10-year project is expected to create 935 new dwellings, which is the single-biggest housing estate delivered in the region.

This is a profitable, well-run leasehold business, with no real direct competition.

It is being offered for sale at the reduced price of $395,000 +SAV (Approx. $150,000) to enable the vendors to retire.

If you would like to know more about this business please complete our online confidentiality agreement here: https://---.-----------------.---.--/ca-forms/ca-form-1084

or visit our website ---.-----------------.---.-- and use reference #1084 to search for the business.

Property Code: 1084
Agent: Geoff Harrison

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