$700,000 + Sav | Under Management Newsagency & Gift Shop

Business For Sale Newcastle, New South Wales 2300

Business Category Franchise Business Opportunities Newsagency Other Retail Post Offices

$700,000 + SAV

Description

$700,000 + Sav | Under Management Newsagency & Gift Shop

With a consistent year-on-year revenue of over $1,000,000 and normalised net profit of circa $300,000, this opportunity won’t be on the market for long.

Run completely under management with an experienced team and solid processes in place, the business successfully operates with minimal owner involvement. The current owner who lives interstate is never required to step foot on the premises.

Recently renovated with an inviting modern fit-out, this Newsagency/Gift Shop offers a large range of products, including newspapers, magazines, cards, stationary, lotto, giftware and much more.

The business is located in the prime position of a busy shopping centre in the growing region of Hunter NSW.

If you’re looking for a profitable under-management investment opportunity, don’t miss out and enquire today.

Features
Revenue of $1 Million +
EBITDA $300,000
Consistent Cashflow
Diverse Product Range
Excellent Location
Run Under Management

Financials
Revenue: $1,224,959
Gross Profit: $717,746
Annual Rent: $140,362
Wages incl Super: $213,199
Net Profit/EBITDA: $299,849
*FY21 Financial Accounts

To fill out a confidentiality agreement on this business copy the following URL in your browser and follow the prompts

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Or for further details contact Harley Stibbard on XXXXXXXXXX XXXXXXXXXX .
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Similar Businesses For Sale


This business is somewhat unique and has no similar competition in this region, category or price bracket.


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MyBizSale Australia

Bsale ID: 582995

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