Business Sold Adelaide SA Region, South Australia
Business Category Franchise Business Opportunities Newsagency
SOLD
Description
Highly Profitable Newsagency And Lottery With High Commission In Adelaide
Highly profitable Newsagency and Lottery with high commission in Adelaide
Price: $550,000 +$200,000(stock approximately)
Financial Information:
• Shop sale: $1.1M (FY2022)
• Lottery commission: $286,000 (FY2022)
• Shop size: more than 220m2 (equivalent 3 shops)
• Long lease and cheap rent
• Net Profit for a working couple: $272,000 in FY2022
Business Information:
• Retirement sale
• Very successful newsagency, multi income stream from gift and apparel
• Including online shop and offline shop.
• Marketing through Facebook, Twitter and website
• 6 days business
• Super newsagency, equivalent to 3 traditional newsagencies.
• Solid and trust worthy record.
• Convenient travel to the city, about 30 minutes' drive
• Locate within a shopping centre, adjacent to big supermarket
• Plenty of 2 hour free car park
• Owners prepared to stay in the business for a negotiable period to give a comprehensive hand over.
• Highly experienced and stable staff team will stay.
• Suit two families or one family with all the current staff.
• Requirement to the buyer: Good English, business experience is preferred, willing to work in the business and solid finance(or pre-approval from the bank)
Please ring Yiling Tang now or send an email to obtain further information.
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