Portland Newsagency $90k+s.a.v. Plus Freehold $260k

Business Sold Portland, New South Wales 2847

Business Category Newsagency

SOLD

Description

Portland Newsagency $90k+s.a.v. Plus Freehold $260k

The same owners of Portland Newsagency for the past 17 years have decided retirement is their reward. The business has been very good for them and as well as the business they purchased the premises.
The newsagency building 1c Wolgan Street is a focal location a few frontages up from the corner and opposite the Coronation Hotel.
The newsagency is approximately 150 sq. metres of excellent presentation and a further 11sq metres of office, storage, and staff facilities. The store has a variety of stock catering for townsfolk and outlying areas so local folk need to go no further than locally for if they "haven't got -they will get it" for the customer.
The store presentation caters for all the community from children's toys, games, and books to the same for adults with gifts and cards, an excellent range of magazines, stationery, and local newspapers to name a few even so there is more to be done if one looks for products. There is website presentation where orders can be made and directed for pick up at the newsagency. This is catering for those who travel from their town to work and the stay home locals, can stroll down, pick up their paper and have a look around at the latest available Gifts, Toys and Books.
Portland is located 35 minutes from Lithgow and 45 mins from Bathurst- offers great rural intra and interstate transport facilities -Airport Buses and Rail Transport -University, as well as all other major regional rural city offerings and yet Portland with its own community is self sufficient. How good is this!
Features include:
• Variety of stock, well presented for easy browsing.
• Premises included so adjust rent to suit a repayment program
• With rent of $15,600 would nett $93,149
• Lotto and services income of $60k nett of fees easily pays the rent
• Opens 5 and two half days per week.

For full details please fill out the Confidentiality Agreement and a Business Profile with financials will be emailed or mailed to you or Phone Graeme Day XXXXXXXXXX
Contact Seller

Bsale ID: 606721
Broker REF: CWC174

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