This Newsagency has been established for 40 years and is the only full service newsagent in town. It sells a comprehensive range of newspapers & magazines, as well as the full range of Lotto products, stationary & art supplies and a good selection of toys and gifts. The store also sells a delicious range of Darrell Lea chocolates.
The store operates under the Newspower banner so is backed by branded advertising, promotions and deals.
This business has 3 sub agents, and is the only full newsagent in the area. They have the sole territory for paper deliveries. The leasehold includes huge shop space which would allow a new owner to acquire and stock new product lines. The lease can be negotiated at the time of sale.
Staff levels could be adjusted by a new owner depending on their involvement. There are currently 2 owners and 5 casual staff in place. New owners could make a number of improvements to increase the bottom line.
The area is located on the pristine waters of Port Stephens and is one of Australia’s prime coastal locations. It is only a 30 minutes drive to the bustling and busy city of Newcastle. It is a popular year round holiday destination famous for whale watching.
Business reference: ABM1742.
