Business Under Offer Belmont, New South Wales 2280
Business Category Other Retail
Under Contract / Offer
Newsagency In The Beautiful City Of Lake Macquarie Nsw
Price $149,000 + SAV
Revenue $2M +
Revenue Per Week $38,000 +
Adjusted Annual Profits $ 112,000 +
Weekly Profits $2,000 +
Monthly Rent $6,515
Lease Term 10 Years
Situated in Lake Macquarie, just one street away from the water, this well-established Belmont Newsagency has been servicing the local community since 2014. This business has earned a reputation for excellent service, which has created a loyal and repeat customer base along the way. The business boasts two highly experienced and capable casual staff members, each of whom have almost 30 years of Newsagency experience.
The premises are ideally situated, with thousands of foot-traffic daily. The location offers a 302-space car park, as well as plenty of off-street parking. The location is surrounded by numerous businesses and homes, with a multi-million-dollar apartment complex being constructed, which will undoubtedly generate more business.
The City of Lake Macquarie is a popular tourist destination, known for its beautiful beaches, fishing and boating, and relaxed atmosphere.
The business offers the community the following:
• Greetings cards (strong sales)
• Toys (strong sales)
• Latest magazines
• Stationery/School Supplies
• Art Supplies
• Gifts/Gift Wrap & More
The owners are ready to retire after the business has provided them the financial stability to do so.
For further information, please contact Dani Rifai on XXXXXXXXXX , or email XXXXXXXXXX click on the link provided (Licence Number # XXXXXXXXXX ).
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