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Well Established Newsagency In Alstonville For Sale

ALSTONVILLE, New South Wales, Australia
Asking Price:
$250K - $500K (AUD) Furniture / Fixtures included
Sales Revenue:
$500K - $1M (AUD)
Cash Flow:
$500K - $2.5M (AUD)

Successful leasehold Newsagency business with high turnover in Lotto Sales, Cards, Magazines and Giftware. About to launch an online website for all sales. Located only 10 minutes from Ballina and 30 minutes from Byron Bay. Beautiful country town with primary schools and a high school. Regular tourist visitation with bespoke cafes and hotel. An ideal life style easily operated by husband & wife, no newspaper run, Sat hours till 12 noon, Sunday till 11am.

For more information, please contact us by using the form below.

Property Information

Real Estate:

Lease

Lease Terms:

3 plus 3 plus

Leasehold Rent:

$40,500 (AUD) per annum

Location:

Main Street location with surrounding coffee shops, hotel and chemist

Premises Details:

Brick premises with street frontage, self contained toilet and kitchen, shop 2 of 3 shops. Rental approx $1000 pw

Business Operation

Expansion Potential:

Potential to grow online business

Competition / Market:

Only newsagency in 20 kilometer radius

Reasons for selling:

Owner been in business for 9 years and now well past retirement age.
Requires an energetic couple to drive the business particularly "on-line" sales.

Trading hours:

6am to 5pm Monday to Friday
6.30am to 12 Noon - Saturday
6.30am to 11am - Sunday

Employees:
2 casuals
Years established:
15 years

Other Information

Support & training:

Training provided by NSW Lotteries
Training available from current owners

Furniture / Fixtures value:
$60,000 (AUD) - included in the asking price
Inventory / Stock value:
$90,000 (AUD)
Website:
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Related Documents:

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