This Newsagency is located on NSW’s Central Coast. The business is located within a busy Shopping Centre which is anchored by the Coles supermarket. The shopping centre has been recently purchased by the Coles Group and they have plans to redevelop the shopping centre and they have indicated that a newsagency will be part of the overall plan and has 16 specialty tenants including medical and banking facilities. Marketing for the business is done as part of the centre marketing activities. The business is a member of the Newspower Group and as such is backed by advertising & marketing campaigns and benefits from buyers group prices.
This business has been established for over 30 years and owned by the current owners for since 2002. The newsagency sells a great range of newspapers & magazines, stationary, greeting cards, cigarettes, cold drinks, confectionery, phone credit and the full range of lotto products. The store is also a reference site for Hendersons greeting cards which provide an additional wholesale discount therefore increasing the margins.
The store currently delivers approximately 1200 papers per week.
Business Reference: ABM1791.
