Newsagency Post Office for sale

This is a successful and well established business that is located in a busy shopping strip of this town in the Hunter Region of New South Wales north of Newcastle. The area offers a great lifestyle and is easily accessible to both Newcastle & Sydney.

The business provides customers with all necessary postal services including PO Boxes, the full range of Lotto products as well as retailing an extensive range of products; newspapers, magazines, greeting cards & wraps, confectionery, stationery and gift lines.

The business is run under the “Nextra” banner. Nextra has strategically worked to build a strong and recognisable brand. It currently has 295 outlets Australia wide. At the moment they are Australia’s premier franchise group operating in the newsagency environment. Nextra’s aim is for members to run a profitable retail outlet and becoming a first choice newsagency destination for customers.

This store trades 5 full days with shortened hours on Saturday & Sunday. There are currently 10 staff working various hours. Run by owner/operators with family involvement, staff levels could be decreased to increase returns.

Lotto sales are in excess of $840,000 and retail turnover is approximately $746,000.
Sell price is $550,000 plus stock at value. Excellent Returns

The vendors also have a newsagency for sale, located in a busy shopping centre only 20 minutes from this newsagency & post office.

ABM ID: 1939