Newsagency ABM ID #1976

  • Newsagency ABM ID #1976
Excellent sales achieved well in excess of $1.3million.
Located in the Blue Mountains region. The area is popular with young families and retirees. Many residents make the daily commute to Sydney for work. The newsagency is ideally located in the main street of town and close to both the bus and train stations. 
This is a busy newsagency that sells the full range of Lotto products, newspapers & magazines, stationery, cards, gifts & wraps, tobacco products as well as toys, gifts, mobile phone recharges, & prepaid phone cards.
The business is a: 
Platinum Newspower Member (one of only 12 in NSW)
Part of the Officesmart Group
Emerald Club Member for Bauer Magazines (highest level that can be achieved)
Member of the Hallmark Alliance Club (members are given preferential treatment)
The newsagency has several sub agents and a large delivery territory of approximately 60km's. 
Advertising & marketing includes an informative website, Facebook page and local print media.
Currently run by 3 vendors with the help of various casual & part time staff. 
This would be an ideal family business where staff levels could be reduced to maximise returns. Alternatively there is scope here to run under management.
There are excellent operational systems in place which will allow a new owner to transition into the business easily.
SELL $800,000+SAV
ABM ID #1976

Market Conditions & CompetitionNo local competition for Lotto

Financial SummaryN/A

Training & SupportN/A

Reason for SellingN/A

Location State: New South Wales Category Newsagency
Retail Store

Weekly RevenueN/A Monthly RevenueN/A Annual Revenue$1,300,000 approx

Contact PersonSimon Johnson Price$800,000+SAV Year EstablishedNearly 100 years old. Current owners since 1989

Phone07 3106 3811 Cashflow$N/A Employees3 Full Time, 8 Casuals

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