Description

MN      2 Newsagencies to be sold together.
Both located in strong growth region just over 100 km’s north of Sydney. It is 15 minutes from the proposed Chinese Theme Park-the largest ever and estimated to cost $500 million. Top 5 growth area of the Hunter region.
Stores are part of the “Newspower” group which is backed by extensive advertising & marketing that includes both print media & TV advertising. The business has its own website & Facebook page.
Members of the Nexus and Connections magazines group; involved in promotions and competitions that usually wins cash & prizes valued to approximately $5000 per year.
Featured on TV current affairs program Today Tonight as a “Lucky” shop-winners of major Lotto prizes 13 years in a row. $11million+ winning lotto ticket sold in 2009.
Between both stores, they capture a large market share of customers in the region. One is located in the main street opposite the bus/train station and the other is located in busy shopping centre.
The stores are well set up with networking systems, security cameras and virtual access.
Shops are currently fully staffed. Working owners could increase the bottom line dramatically by cutting the wages bill.
Would be the perfect business for 2 families. Current owners will help with transition.
Could also continue to be run fully staffed.
Potential to offer stationary supplies to schools and local businesses.
Option to purchase residence-further details can be provided on this option.
Leasehold sell price $790,000+sav.

ABM ID: 1845

MN7